Trump is victorious. Will mortgage rates go to 8%? by Flávia Furlan Nunes, James Kleimann for HousingWire

HousingWireHousingWire In a historic comeback, former Republican president Donald Trump has been elected as the 47th president of the United States, defeating vice president Kamala Harris. The shift is expected to have broad implications for housing in America. The Republicans look poised to also achieve significant gains in Congress. Control…

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loanDepot returns to profitability, announces new strategic plan  by Flávia Furlan Nunes for HousingWire

HousingWireHousingWire loanDepot achieved profitability in the third quarter of 2024, ending an 11-quarter streak of financial losses. Cost reductions and revenue growth drove this turnaround amid lower interest rates, which boosted refinancing activity. As a result, loanDepot is retiring its Vision 2025 strategic plan, which began in July 2022 to…

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Arizona has become a top choice for those fleeing California by Kennedy Edgerton for HousingWire

HousingWireHousingWire In efforts to escape “sky-high real estate prices” and rising costs of living, California residents are favoring Arizona as a top relocation destination behind only Texas. That’s according to a report released Monday by StorageCafe, a national marketplace for storage space and an affiliate of real estate data provider…

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Rental housing advocate David Howard talks national policies ahead of 2024 election by Kennedy Edgerton for HousingWire

HousingWireHousingWire In a recent episode of its “New Home Insights Podcast,” Dean Wehrli, principal at John Burns Research & Consulting, chats with David Howard, CEO of the National Rental Home Council (NRHC). They discuss how national, state and local housing policies impact the rental market, and they also explore housing…

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