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HousingWireHousingWire Chris Bruser, a reverse mortgage professional in Florida, agreed with an assertion that most people do not dream of entering the reverse mortgage business when they’re kids. But success can have a major impact on young people when they’re exposed to what it can look like, and this much…
Continue reading →HousingWireHousingWire Despite the overwhelming desire among the baby boomer generation for aging in place in their current homes, practical challenges like living costs and elevated home prices appear to be leading more older people to cohabitation with roommates, or “boommates.” This is according to a column published this week by…
Continue reading →HousingWireHousingWire Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Unless you’ve been living under a rock, you’ve probably already seen North Carolina Realtor Mike Hege’s mega-viral video or his interview on Today.com. But did it…
Continue reading →HousingWireHousingWire Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary policy tightening by saving $600 billion for homeowners, accounting for about 2% of personal consumption spending since 2022, according to a report by two Swiss Re Institute senior economists. “A dollar not spent…
Continue reading →HousingWireHousingWire The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. This system provides FHA-approved lenders and business partners with secure online access to computer systems…
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