HousingWireHousingWire Mortgage rates recently hit a year-to-date low, coinciding with ongoing market disruptions from tariffs. The more encouraging story, however, is that the spring season is shaping up positively for the housing market. Notably, purchase applications show growth both year-to-date and year-over-year. Additionally, our weekly pending contract data and new…
Continue reading →HousingWireHousingWire Reston, Virginia-based mortgage software company RETR announced this week that it has hired two new senior leaders to guide the company’s growth efforts. Heidi Iverson is the company’s new vice president of growth and Anthony Savala is the new vice president of sales. Both are joining the firm effective…
Continue reading →HousingWireHousingWire Chip Stella, one of the broker-owners of Wellesley, Massachusetts-based Rutledge Properties, was not having the greatest start to his Friday morning. “I got off the phone about 30 seconds ago from a call with one of my agents. We had a listing with a buyer under contract at $5…
Continue reading →HousingWireHousingWire Office exclusives are becoming an increasingly significant segment of the Bright MLS marketplace, according to a recent Bright MLS study examining their impact on the broader housing market. While they previously accounted for only 2% to 4% of listings, that share surged to nearly 8% of new listings by…
Continue reading →HousingWireHousingWire Following other recent proprietary product development news, Longbridge Financial announced on Friday the launch of a new variation for its private fixed-rate reverse mortgage offering. The Platinum Peak product suite aims to offer higher available loan-to-value (LTV) ratios, which are designed to translate into higher loan proceeds for borrowers,…
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