Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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NAR Q2 strategic plan update targets MLS rules, lawsuits, training
NAR’s Q2 report details strategic plan progress, including DOJ letters, Tuccori settlement steps, and new broker and data tools.
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Pulte banks on build-to-order pivot as margins find a floor
Pulte’s earnings show BTO share climbing to 45% in Q2 as cycle times hit 100 days, and gross margins improving to 25%.
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House passes bill to ease banking regulations
The House passed H.R. 6955 by 270-154, easing capital and supervision rules and some merger reviews for community banks.
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House subcommittee probes Compass MRED private listing network deal
House subcommittee asks Compass and MRED for briefings by Aug. 5 on PLNs, citing transparency and competition concerns.
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East Bay Housing, June 2026: A Tight, Fast Market Meets Rising Rates
East Bay single-family homes sold in a median of 13 days in June 2026 as inventory fell more than 20% year over year and prices held near flat, even as the 30-year mortgage rate climbed to 6.55%.
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For better building codes, a more deliberate course is overdue
The article argues the three-year model code cycle encourages incremental changes without enough time to measure real-world performance. Erickson calls for stricter evidence standards and more uniform local review so safety, durability and affordability stay in balance.
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New Jersey bans algorithmic rent pricing under FAIR Act
New Jersey Gov. Mikie Sherrill added her state to a growing list banning algorithmic pricing tools blamed for higher apartment rents. Sherrill signed the Forbidding the Algorithmic Inflation of Rent (FAIR) Act into law Monday in Newark. New Jersey becomes the fourth state to regulate software lawmakers and regulators said allowed landlords to coordinate rents.…
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The architecture of trust in the age of AI
Mortgage accountability depends on reconstructable processes, but many AI tools do not preserve decision records in an auditable way. In a multi-vendor stack, the risk concentrates at interfaces, increasing compliance and repurchase exposure.
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Mortgage applications rise 1.9% despite elevated rates
MBA data show mortgage applications rose 1.9% as the 30-year conforming rate increased to 6.69% and purchases rose 6% week over week.
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Manhattan project contractor error eyed in conversion collapse
A partial building collapse in New York City may more likely be explained by contractor error than from inherent risks in large-scale office-to-residential conversions. An engineer on the former Pfizer headquarters conversion told Gothamist that workers failed to reinforce columns as designed. The columns buckled and prompted evacuations across seven Manhattan Midtown East blocks. The…







