NAR says lower mortgage rates could help boost sluggish sales. When might that happen?

Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to a 4.6-month supply Continue reading

Take the Inman Intel Index survey for June

Each month, hundreds of real estate agents, brokers, executives and investors report on what they’re seeing in their corner of the industry. Add your insights. Take the survey. Continue reading

Streaming: Recruiting rules of 3s

Tune in to Inman Access as Vija Williams, head of industry at Place, tells you how to develop a winning recruiting plan and implement effective productivity systems. Continue reading

Down payments set shrinking course for 1st time in 2 years

Down payments are declining even as home prices are rising because buyers are facing affordability challenges or opting to reserve more of their cash because of economic uncertainty, Redfin said. Continue reading

Trump looks to South Korea to bring down mortgage rates

Overseas investors hold about $1.36 trillion in U.S. mortgage debt, with Japan, China, Taiwan and Canada accounting for 61 percent of that total. Continue reading

Some markets look vulnerable as home price appreciation cools

Experts polled by Fannie Mae expect national home prices to keep climbing, but see Austin, Tampa, Dallas, Denver, Houston, Miami and Phoenix as markets most likely to see price declines. Continue reading

What converts: 5 essentials for high-impact agent websites

Tune in to Inman Access as Alyssa Stalker of Epique Realty teaches you to turn your real estate website into an intentional marketing tool. Continue reading

Court denies CFPB’s request to vacate fair lending settlement

Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request “a Pandora’s box the court refuses to open.” Continue reading

Chimera boosts non-QM presence with HomeXpress acquisition

The New York City-based REIT will pay $120 million in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08 million shares in Chimera valued at $27.9 million. Continue reading

UWM brings back 1% down conventional mortgage program

Nation’s largest lender reboots 1 percent down loans that cover up to $7,000 of the homebuyer’s down payment when financing a purchase backed by Fannie Mae or Freddie Mac. Continue reading