July 2025

After launching a new proprietary loan product this spring, one of the nation’s leading reverse mortgage lenders has expanded the offering this week to more states. Mutual of Omaha Mortgage announced on Friday that its SecureEquity+ product, which became available in April to eligible California and Florida residents, is now available in 12 additional states. […]

New-home sales have been a relative bright spot in an otherwise stagnant housing market. But that’s changing and homebuilders recognize it. According to June 2025 data released Friday by the U.S. Census Bureau, single-family home construction is down year over year at every stage of the process. This includes permits (-8.4%), starts (-10%), completions (-15.5%)

While any rate watcher’s bingo card should always have a few squares devoted to “unchanged, flat, etc.,” this week’s had at least as many squares reserved for a big reaction to inflation data.  Specifically, Tuesday’s inflation data had the power to cause a big move in rates.  While it was the week’s biggest influence, rates