Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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Mortgage spreads keeping housing demand intact for now
Mortgage spreads at 2.01% are keeping 2026 mortgage rates near 6.74%, supporting pending sales and limiting year-over-year declines.
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Better signals tough Q3 amid enterprise pivot
Better Home & Finance Holding Co. anticipates a tough third quarter as it rolls out a new strategic plan under the interim leadership of Daniel Lewis.
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Achieve closes $261.5 million HELOC securitization
Achieve has closed a $261.5 million securitization of newly originated home equity lines of credit (HELOCs), its first of 2026 and ninth overall.
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Millrose Q2 2026 results build on new partnerships, growth mojo
Millrose posted Q2 revenue of $196.9 million and AFFO of $127.6 million, with 0 option terminations and 143,771 homesites.
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Gibson suit plaintiffs can notify MLSs about settlement data duties
Judge Bough let Gibson plaintiffs notify opt-in MLSs that settlement terms require sharing listing and commission data via providers like FBS.
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Longbridge originations jump 38%, propelling Ellington to $54.4M profit
Ellington Financial Inc. on Thursday reported second-quarter 2026 net income attributable to common stockholders of $54.4 million, driven by strong loan credit performance and growing reverse mortgage production at its Longbridge Financial subsidiary.
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The off-MLS debate moves to Washington, and agents need a clear script
A House panel reviews private listing networks, while Compass cites 4.6% gains and other studies show off MLS homes sell for less.
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REMAX, Keller Williams win final approval of Batton 1 settlement
Judge Hunt granted final approval to REMAX and Keller Williams Batton 1 settlements totaling $28.5 million, claims due Aug. 25, 2026.
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UWM downgraded by Fitch after Q2 loss, Oaktree deal
Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings.
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Trump reportedly renews bid to oust Fed Gov. Lisa Cook
President Donald Trump is moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.








