October 2025

Better, Finance of America team up on HELOANs, HELOCs

Finance of America is now offering home equity loans through a new agreement with Better Home and Finance.  The reverse mortgage giant will offer HELOAN and home equity line of credit products for the first time using Better’s proprietary Tinman AI platform, the companies announced Tuesday. Better will also integrate Finance of America’s reverse mortgage […]

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Trump’s lumber tariffs take hold, threatening to hike home costs

The US is now collecting tariffs on imported timber, lumber, kitchen cabinets, bathroom vanities and upholstered furniture, duties that threaten to raise the cost of renovations and deter new home purchases.  The import taxes — initially set at 25% for cabinets, vanities and upholstered wooden furniture — officially took effect on Tuesday at 12:01 a.m.

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Xactus launches Xactus Mortgage Intent Index

Xactus, a fintech specializing in mortgage verification solutions, on Tuesday launched the Xactus Mortgage Intent Index, which is described as the industry’s first measurement of borrower mortgage intent. The index, which is updated daily and presented as a non-seasonally adjusted weekly index, tracks early borrower behavior across the preapplication, application and preclosing stages. Xactus‘ index

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