Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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MRED, NoCoast MLS partner to expand Midwest market access
MRED and NoCoast MLS teams are already working on the technical implementation of the partnership
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Better authorizes $30 million stock buyback
Plan comes as lender ramps up cost-cutting efforts and pursues a sale of its U.K. bank subsidiary
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Mortgage credit availability declines slightly in September
Lenders reduced offerings that allow for cash-out refinances and investor home purchases
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Leo Pareja named CEO of AGNT, Glenn Sanford steps down
After 17 years of building the business, Sanford said AGNT can now run without his direct involvement
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Leo Pareja says rising rates have already prompted a housing collapse
AGNT CEO said existing home sales could dip below 4 million in 2027 if mortgage rates top 8%
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Proprietary reverse mortgages are helping clients in ways that HECM can’t
Mutual of Omaha wholesale leaders explained how SecureEquity is helping senior homeowners with obstacles to HECM qualification
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Century Communities HistoryMaker deal marks scale pressure shift
The deal could lift Century from 200 to 300 closings to 800, with a path toward 1,000 in DFW
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A real estate succession plan built over two decades
For business owners planning their own succession, overlap of institutional knowledge is invaluable
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HUD outlines 7 steps to update manufactured housing code
The 7-step plan follows July’s ROAD to Housing Act change, rulemaking and HUD code updates could take 1-plus years
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Mortgage Rates Jump For Seventh Straight Week to 7.40%; Highest Rate in 35 Months
The Freddie Mac 30-year fixed-rate mortgage rose for the seventh consecutive week, up 12 basis points to 7.40%. Rates are now a full 110 basis points higher than they were last year at this time, which was 6.30%. This increase comes amid continued upward pressure from the 10-year Treasury yield, which averaged 5.28% this week,…








