Sprout Mortgage is 2nd non-QM lender to implode in as many weeks

Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers. Continue reading

Forget what you know about retirees. Here’s what they’re looking for now

Do you think working with newly retired homebuyers is challenging? Expert Luke Babich offers some insights on how to practice patience when working with this generation to find their dream home. Continue reading

Mortgage rates easing on recession fears, but homebuyers not biting

Although fears of a recession are bringing mortgage rates down, would-be homebuyers aren’t rushing to apply for loans, according to a weekly survey of lenders. Continue reading

It’s up to us to keep the American dream alive and well

To keep the American experiment vital and vibrant, we need buy-in from folks who are getting overlooked in the current market. Broker owner Troy Palmquist offers insight into ways to make the dream more attainable. Continue reading

Wary sellers back off asking prices in June housing slowdown

The typical asking price for a home on the market took a modest downward turn in late May and early June, a sign of a softening market. Continue reading

Making $67K? That’s no longer enough to buy the typical US home

The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Continue reading

Don’t let the market define you: 3 ways to reset your attitude

The recent market shift has some real estate professionals responding out of fear. Instead, writes coach Todd Duncan, dig down and get in touch with the fundamentals to develop a service-oriented approach that will win the day. Continue reading