Builder confidence in single-family home sales remains solid

The National Association of Home Builders’ index for newly built single-family homes rose 1 percentage point month-over-month to 68, continuing a five-month trend of scores in the high 60s. Continue reading

Rising interest rates cost homeowners an extra $1,416 per year

According to Zillow’s latest report, the hike in rates has led the monthly mortgage payment for a median-priced home to increase 15.6 percent since Aug. 2017, which breaks down to an extra $118 per month or $1,416 per year. Continue reading

Russian oligarch with ties to Putin is building NYC’s biggest mansion

A Russian oligarch has begun work on his 31,500-square foot mansion along Manhattan’s East 75th Street, which combines three individual townhouses. Continue reading

Federal agency launches program to help limited-English speakers

The FHFA on Monday launched Mortgage Translations, an online resource for mortgage industry professionals who serve limited English proficiency borrowers. Continue reading

Student loan marketplace Credible.com jumps into mortgage industry

Credible.com CEO Stephen Dash explains how he plans to revolutionize the mortgage refinance industry by putting the consumer experience first. Continue reading

SoFi founder’s new startup launches 5-minute approvals for home equity loans

Disgraced former SoFi CEO Mike Cagney is back with a new venture, just over a year after resigning from the company he helped found over sexual harassment allegations. Continue reading

Keller Williams updates Kelle Snaps with team and agent sales numbers

Now Kelle Snaps will also include information related to an agent and their team, showing how many homes the agent or team has sold in a specific neighborhood over the past year.  Continue reading

Are real estate’s giants ready for a stock market correction?

As talk of a market correction looms, a look at the stock prices of Realogy, RE/MAX, Zillow and more. Continue reading