Flyhomes rebounds with launch of nationwide lender partner channel

“Buy before you sell” product is the first offering in a phased rollout, with plans to offer a full suite of products, including cash offer services. Continue reading

Drop in bond yields could also give mortgage rates room to ease

Dovish remarks from Fed policymakers help ease fears of more rate hikes, bringing yields on benchmark 10-year Treasury notes back to where they were at the beginning of October. Continue reading

Housing groups urge Federal Reserve to stop hiking rates

MBA, NAR and NAHB say uncertainty over the Federal Reserve’s next moves is disrupting the housing sector and threatening to send the U.S. economy into a tailspin Continue reading

Homebuyer pessimism climbed to a new record high in September

More than 8 in 10 Americans polled by Fannie Mae said it was a bad time to buy a home, and most weren’t expecting mortgage rates to come down anytime soon. Continue reading

Interest rates surge again on surprisingly strong jobs report

Employers added 336,000 jobs in September, the biggest jump since January, raising the odds that the Fed will pursue “higher for longer” rate strategy. Continue reading

Institutional investors warming up to home equity agreements

DBRS Morningstar’s rating of $224M securitization by Unlock and Saluda could boost investor appetite for agreements that let homeowners cash out equity in exchange for a stake in their home. Continue reading

Soaring rates baffle economists, frustrate housing leaders

Economists are scratching their heads and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen in more than two decades. Continue reading