As the mortgage industry evolves, political changes and regulatory shifts play a critical role in shaping its landscape. UWM, a leader in the wholesale mortgage sector, has recently underscored the positive developments initiated under the current administration, emphasizing the president’s strategic appointments. These appointments, according to UWM’s leadership, signify a “huge positive change” and could […]
In January 2025, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD) reported a noticeable downturn in new-home sales, with a seasonally adjusted annual rate of 657,000, marking a significant 10.5% decrease from December’s figures and a 1.1% drop compared to January 2024. This trend raises critical questions for real
The real estate landscape is undergoing a transformative evolution, driven by technological innovations and an ever-growing demand for deeper insights among industry professionals. Recent updates from HousingWire regarding their subscription enhancements signify a pivotal shift aimed explicitly at equipping real estate practitioners, developers, and decision-makers with the in-depth knowledge they need to excel in today’s
The dynamics of mortgage applications are crucial indicators for both current and prospective homeowners, as well as for real estate professionals trying to navigate the intricate landscape of the housing market. Recently, despite the 30-year fixed mortgage rate dipping to 6.88%, the lowest since mid-December, mortgage applications saw a decline. This raises questions on the
The rise of artificial intelligence (AI) is transforming how users engage with information online, particularly in the realm of real estate. The shift from traditional top-of-funnel search queries, such as “how-to” topics and basic informational inquiries, to AI-generated summaries is redefining user expectations and behaviors. These AI overviews are not merely aggregations of information; they
In a landscape that has continued to evolve since the onset of the COVID-19 pandemic, the VTS Office Demand Index (VODI) report shines a spotlight on a remarkable trend: office demand is surging, with an astonishing 20% year-over-year growth observed nationally in 2024. This is particularly noteworthy in major markets such as New York City,
In a significant development for the U.S. housing market, Bill Pulte, a notable investor and real estate developer, has been nominated by the Trump administration to lead the Federal Housing Finance Agency (FHFA). Pulte’s extensive portfolio is valued at over $190 million and includes diverse investments spanning rental properties, HVAC firms, entertainment companies, and Elon
On Tuesday, Fannie Mae announced its 2024 Servicer Total Achievement and Rewards (STAR) program results, recognizing 29 mortgage servicers for their exceptional performance, competency, and capability in providing unwavering support in the mortgage sector. This recognition shines a spotlight on the critical role that effective mortgage servicing plays in enhancing customer experiences and ensuring the
Maverick Systems, a Chicago-based company, is on an ambitious mission to enhance real estate analytics by expanding its data analytics platform across the nation. This innovative tool promises to empower brokerages, allowing experienced agents to gain an edge in a competitive market. As the landscape of real estate technology continues to evolve in 2025, real
As of December, the real estate market showcases a notable shift, with the average down payment reaching an impressive $63,188, marking a 7.5% increase from the previous year. This change in the landscape of home financing is noteworthy for real estate professionals, developers, and decision-makers as it has implications on purchasing behaviors, market trends, and