
Fannie Mae dials back sales expectations by 220K homes
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly.
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RE/MAX taps an industry veteran to revive Motto Mortgage brand
Former PHH Mortgage executive Vic Lombardo was most recently COO of Guaranteed Rate Affinity, a joint venture between nonbank lender Guaranteed Rate and Anywhere Real Estate.
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In this tale of 2 markets, what’s the story where you are? Pulse
Tell us what your market looks like. Is it on the upswing? Downswing? Who has the advantage where you are, buyers or sellers (or neither)?
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‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
The slight monthly boost comes as builders continue to face cooled buyer demand in response to elevated mortgage rates and high home prices. Housing starts and completions are not on track to meet national inventory needs this year with builder sentiment low.
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