After opening softer yesterday, treasuries caught bids just after 9:00 which carried the 5-year yield below Monday’s low while the 10-year yield fell just short, but the rallies ended shortly after a much weaker than expected Consumer Confidence number came out at 10:00. Processing Content The FOMC meeting is at 2:00 this afternoon but there […]
Markets flash mixed signals ahead of the Fed Read More »
US mortgage rates climbed for the first time in four weeks, halting an early-year upswing in home purchase and refinancing activity. Processing Content The contract rate on a 30-year mortgage rose 8 basis points to 6.24% in the week ended Jan. 23, according to Mortgage Bankers Association data released Wednesday. In the previous week, home-financing
Mortgage rates increase for first time in four weeks Read More »
Who doesn’t love a top 10 list? Well, here are two top 10 lists for the housing market this year. But before you take a look, there’s something you should know. If a move is on your radar for 2026, here’s the most important thing you need to understand upfront: there isn’t one housing market
Top 2026 Housing Markets for Buyers and Sellers Read More »
Despite being a Pennsylvania-based firm, it was not until Wednesday that Howard Hanna Real Estate Services had a presence in the Philadelphia metropolitan area. The expansion comes via a partnership with Art Herling. “Pennsylvania is a large state and over our 70-year history we’ve spread throughout the western part of the state and into central
Howard Hanna enters Philadelphia market, partners with Art Herling Team Read More »
The latest “not in my backyard” tactic in California’s local zoning disputes and state housing law battles? Filing a complaint with the state bar association. A case in point: An attorney who failed in an effort to derail a Rancho Palos Verdes, Calif., upzoning lodged a complaint with the California State Bar about a March
How a state bar filing could derail a California upzoning plan Read More »
As we kick off the New Year, affordability remains one of the biggest challenges facing the mortgage industry and the broader housing market. It continues to shape conversations among lenders, policymakers, and consumers alike. Affordability is not a rate problem Ask most people what’s wrong with housing affordability, and the answer comes quickly: rates are
A blueprint for making housing more affordable Read More »
On the back of stronger estimated financial earnings, Onity Group — the parent company of PHH Mortgage Corp. and Liberty Reverse Mortgage — raised $200 million through a debt offering to qualified investors on Monday, exceeding its initial target of $150 million. The offering came amid the release of preliminary fourth-quarter 2025 financial results, with
Onity Group raises $200M in debt, reports strong estimated Q4 earnings Read More »
The Trump administration has proposed nearly flat payment rates for private Medicare plans in 2027, a move that could significantly affect insurers that rely heavily on the Medicare Advantage program. The Centers for Medicare and Medicaid Services (CMS) said payments to Medicare Advantage plans would rise by an estimated 0.09% on average in 2027 —
White House proposal would keep Medicare Advantage rates stable in 2027 Read More »
President Donald Trump on Tuesday announced an executive order that allows the federal government to override state and local regulations during recovery efforts from last year’s Los Angeles wildfires, arguing that California authorities have slowed rebuilding. The order directs federal agencies to bypass state and local permitting processes for federally funded disaster recovery projects, asserting
Trump executive order overrides Los Angeles wildfire rebuilding plan Read More »
Brian Brown, chief financial officer and treasurer for Rocket Companies, expects continued improvement in the mortgage market in 2026, building on momentum that emerged in the second half of 2025. “If you look at the mortgage forecasts, it depends on which one you choose, but they’re up anywhere from 8% to 25% based on the
Rocket CFO touts ‘all-weather’ model as mortgage market improves Read More »