Mortgage & Economy
Mortgage rates, Federal Reserve policy, employment, inflation, and what they mean for Bay Area affordability.
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Jay Papasan to step down as Keller Williams executive
Jay Papasan will step down as a Keller Williams executive on Aug. 1 after joining in 2000, while continuing books, coaching, and a podcast.
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300,000-plus listed lots highlight infill boon for builders, per Zillow
Zillow data shows 300,000 listed empty lots could cut the U.S. housing shortage by 6.3%, highlighting scattered-lot opportunities.
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Equifax locks in $1 VantageScore through 2027
Equifax will keep its $1 VantageScore 4.0 price in place through the end of 2027 as it pushes mortgage lenders to adopt the alternative credit score model, CEO Mark Begor told investors.
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Senior housing wealth reaches record level in first quarter
Housing wealth among homeowners age 62 and up rebounded to a record high in the first quarter after declining the previous two quarters.
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FHA proposes partial claim model that drops subordinate liens
The Federal Housing Administration (FHA) is proposing a new structure, called Reinstatement Advance Payment (RAP), that would change how servicers document and service partial claims and payment supplements.
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D.R. Horton bets operating rigor will outperform uncertain demand
Few homebuilding enterprises look so voraciously at other homebuilding operators’ share of new-home sales in any given arena as present and future opportunity as does D.R. Horton. When those Horton flags flap in the dry summer wind, you can almost hear them as lips smacking in anticipation of a good meal later in the day.…
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The JMG acquisition gives teams leverage, but not equal valuations
Advisors say the JMG deal validates team model M&A, but valuations still depend on EBITDA, margins, and scalable lead sources.
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Will Trump’s new Canadian tariffs add cost risk for builders?
On Monday, President Donald Trump threatened to impose 50% tariffs on most Canadian goods, raising questions about the potential impacts on homebuilders and residential construction costs.
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Home Shopping Season Shows Signs of Life As Sales, New Listings Rebound (Zillow June Market Report)
Lower mortgage costs and sales jump offer hope, even as inventory growth hits a three-year low The post Home Shopping Season Shows Signs of Life As Sales, New Listings Rebound (Zillow June Market Report) appeared first on Zillow Research.
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June FOMC meeting: Fed Pauses, but Rate Hikes Are Back on the Table
In short: In Chairman Kevin Warsh’s first meeting, the Committee unanimously left the target rate unchanged, but half of SEP participants expected higher rates by the end of 2026. What’s next for rates? In the Summary of Economic Projections (SEP), half of the 18 participants expected at least one hike by year-end; 8 expected no…







