The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too. According to the June report from Reverse Mortgage Insight, Home Equity Conversion Mortgage (HECM) endorsements dropped to 2,244 loans, down 2.3% compared to May and part of a sinking trend that resumed after an […]
Reverse mortgage metrics dipped slightly in June Read More »
Wealthy U.S. households continue to lead gains in real estate values despite ongoing economic volatility, according to a mid-year report from Sotheby’s International Realty. The 2025 Mid-Year Luxury Outlook highlights that the luxury housing sector remains a strategic asset for those who are navigating inflation, stock market shifts and global uncertainties while continuing to invest
Sotheby’s: Luxury housing market resilient despite economic waves Read More »
The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take. The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House
The CFPB’s budget might be shrinking, but does that even matter? Read More »