FromAround TheWWW

HousingWireHousingWire According to a recent report by Forbes, over half of all real estate investors are now turning to private lenders. With this comes a more crowded marketplace, which means that existing lenders need to consider ways to stand out from the crowd, to survive. The rise of private lending…

HousingWireHousingWire The Federal Reserve cut interest rates earlier this month for the first time in four years. The move came as no surprise to Wall Street given that Fed Chairman Jerome Powell had been hinting a rate cut was on the table. It’s a move that should ease some of…

HousingWireHousingWire Housing demand is very seasonal, so the fact that our pending contract data is firming up lately just shows that lower mortgage rates have stabilized and firmed up demand recently. It will likely take mortgage rates to go under 6% and stay there for an extended period to get…

HousingWireHousingWire The National Reverse Mortgage Lenders Association (NRMLA) concluded the 2024 edition of its Annual Meeting and Expo on Thursday afternoon. Those in attendance told HousingWire’s Reverse Mortgage Daily (RMD) that the event provided ample opportunity for networking and educational content while boosting hopes that the industry can grow in…

HousingWireHousingWire An explosive period for Denver’s multiple listing service (MLS) has come to an end, but an even more controversial one might be beginning. REcolorado announced on Friday that its sale to the Joseph Burks-owned entity MAZL has been finalized, three months after the two Realtor associations that previously owned…