HousingWireHousingWire The chief economist of Fannie Mae expects to hang up the cleats this year. Doug Duncan, who’s been the chief economist at the government-sponsored enterprise since 2008, will be retiring effective Sept. 22, according to Rob Chrisman, who first reported the news on his blog Tuesday morning. Mark Palim,…
Continue reading →HousingWireHousingWire For many in the real estate industry, Aug. 17, 2024 — the date that the business practice changes outlined in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement went into effect — served as a reckoning of sorts. “I am in awe of how many folks decided on Thursday that…
Continue reading →HousingWireHousingWire This week the available inventory of homes for sale inched down across the country. It was a lead up to the holiday weekend, so that’s not uncommon. But it is indicative that we’re roughly at the peak of inventory for the summer. We may have a few more weeks…
Continue reading →HousingWireHousingWire Home equity fintech Unlock Technologies has landed a Series B funding round that includes a $30 million investment by D2 Asset Management. D2 also pledged a $250 million capital commitment to Unlock to support originations. Also participating in the Series B round were Saluda Grade, Second Century Ventures and REACH,…
Continue reading →HousingWireHousingWire With the calendar shifting to September and the next meeting of Federal Reserve policymakers only two weeks out, mortgage rates continue to recede and evidence suggests that borrowers are reacting to more favorable housing market conditions. At HousingWire‘s Mortgage Rates Center on Tuesday, the 30-year rate for conforming loans…
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