Regret, reduce, relocate: The 6 biggest US luxury trends of 2022

Amid a persistent uptick in interest rates, lingering inflation and economic uncertainty, luxury homebuyers are changing habits ever so slightly. Coldwell Banker notes six big trends to watch. Continue reading

Mortgage rates punch through 7% but may pause for Fed clues

Several Fed policymakers have hinted that they’d be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease. Continue reading

First Community Mortgage announces ‘major’ expansion

FCM lures talent from PrimeLending and invests in technology and diversity to fuel growth as mortgage rates force many lenders to downsize. Continue reading

Mortgage database created to track bad actors now a recruiting tool

Unique IDs created by Nationwide Multistate Licensing System can reveal competitors’ loan originations by product, loan amount, geography and loan officer. Continue reading

Mortgage demand hits lowest level since 1997 as rates continue to rise

Thirty-year, fixed-rate loans hit 6.982 percent on Oct. 13, a new 2022 high, according to an Optimal Blue Mortgage Market index. According to an index by Mortgage News Daily, rates were at 7.15 percent. Continue reading

Insurance industry veteran re-ups for another 3 years as Stewart CEO

Fred Eppinger who is credited with generating “record-setting growth and success” earned $5.15 million in total 2021 compensation, the company said. Continue reading

CredEvolv coaches homebuyers to help them qualify for mortgages

Integration with Freddie Mac’s HomeCoach tool lets housing counselors access automated underwriting tools used by mortgage lenders. Continue reading

Heading off surprises helps keep deals on track as rates rise

Power buyers and mortgage lenders are providing certainty to homebuyers and sellers, industry leaders said at Inman Connect on Tuesday. Continue reading

Rent-to-own startup Landis raises $40M from Google, Jay-Z and NAR

The new Series B funding will go toward boosting the company’s homeownership coaching program, growing its team and expanding to new markets. Continue reading