Homebuilders are still buying down rates to move houses

Today’s new home sales report shows the importance of lower rates. Last year, when mortgage rates were approaching 8%, people wondered if homebuilders could still buy down rates to boost sales. The answer is no: new home sales were hit as mortgage rates headed higher last year, which impacted the bu
Read MoreVA should expedite regulatory changes for agent commissions: CHLA

On the heels of the $418 million settlement recently announced by the National Association of Realtors (NAR), mortgage trade group Community Home Lenders of America (CHLA) has called on the U.S. Department of Veteran Affairs (VA) to expedite regulatory change that would allow veterans and active-dut
Read MoreThese LOs are TikTok sensations. They call a potential ban “unfortunate”

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation, says he isn’t worried about a potential U.S. ban of the short-form video app. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 202
Read MoreWhere are home prices headed this spring?

Last week was a pretty strong week for all the housing numbers. New supply and sales numbers keep climbing — both weekly and over last year. Home prices had a slight increase this week across the board. What does this means for home prices this spring? As the data comes in each week this year, I’ve
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