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Author name: Ricky Vasquez

Better Homes and Gardens Real Estate expands in Tennessee

Brokerage, HWmember, Mergers and Acquisitions, Real Estate, Real Estate Agents, Tennessee /

Better Homes and Gardens Real Estate Heritage Group has acquired Manchester, Tennessee-based Advantage Realty Partners in a move to strengthen its presence and market share across middle Tennessee. The acquisition brings the firm’s total footprint to three offices and roughly 80 affiliated sales associates. Melissa Sterling, principal broker and owner of Better Homes and Gardens […]

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Century 21 merger expands New Jersey footprint

Brokerage, Century 21, HWmember, Mergers and Acquisitions, New Jersey, Real Estate /

Century 21 Solid Gold Realty has merged with longtime central New Jersey brokerage Gloria Zastko, Realtors — a move that expands Century 21’s market presence further north and west into Middlesex County. The 34-year-old North Brunswick, New Jersey-based agency will now operate under the name Century 21 Gloria Zastko Realty. The merger increases Century 21

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Homebuyers turn to aging properties as construction lags

Affordability, Construction, Homebuilders, Homebuyers, Housing Inventory, Housing Market, HWmember, Real Estate, Redfin /

The median age of homes purchased nationwide reached a record high of 36 years in 2024, a significant jump from 27 years in 2012, according to an analysis released Monday by Redfin. The trend reflects a long-term slowdown in new home construction and growing affordability challenges. Buyers are increasingly turning to older properties, often out

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Loan officers detail the challenges of explaining reverse mortgages

California, HECM, HWmember, loanDepot, Longbridge Financial, NRMLA, Reverse, Reverse Loans Now /

Reverse mortgage professionals encounter a variety of challenges when introducing product specifications to a prospective customer for the first time. These elements may include an explanation of how the loan proceeds work, clarifying the realities of negative amortization, or something as basic as communicating to a family member why their loved one is thinking of

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What happens to mortgage rates with more trade deals?

Housing Market, HWmember, Inflation, Mortgage Rates, Tariffs /

What will happen to mortgage rates now that China and the U.S. have made progress in their trade war, agreeing to a 90-day period of lower tariffs? Stocks are up considerably this morning and bond yields have also increased. This raises the question: Is the de-escalation of the trade war good for mortgage rates? The

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Mortgage Rates Jump to 2 Week Highs After US/China Trade Talks

Uncategorized /

Tariffs and trade policy have been a new and important consideration for the bond market for just over a month now. That matters to mortgage rates because mortgage pricing is primarily determined by bond prices.   The reaction function for rates is a bit complicated at first glance because tariffs can exert influence in opposite directions.

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Most economists expect rate cuts after July

Economy, Housing markets, Mortgage Rates /

Economists surveyed by Wolters Kluwer remain solidly behind the notion that the Federal Open Market Committee will reduce short-term rates in 2025. Its May Blue Chip Economic Indicators report even included the possibility that the Fed could actually raise interest rates in 2025 based on comments made by Chairman Jerome Powell which the authors noted

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Feds accuse Trump adversary Letitia James of loan fraud

Fraud, Industry News, Legal issues and news, Trump administration /

New York Attorney General and long-time legal adversary to Donald Trump Letitia James faces a federal grand jury investigation involving her role in multiple mortgage transactions, according to several news sources.  The investigation, which is being led by the Department of Justice and the FBI, revolves around fraud allegations made by Federal Housing Finance Agency

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U.S.-China tariff truce gives banks hope amid uncertainty

U.S.-China tariff truce gives banks hope amid uncertainty

Ag lending, Economy, Politics and policy, Tariffs /

Bloomberg News The U.S. and China have agreed to pause the bulk of their tariff policies against one another for 90 days, sending a jolt of optimism through the banking sector and its investors. The temporary truce was struck over the weekend and announced on Monday, causing stocks to rally and credit spreads to tighten

U.S.-China tariff truce gives banks hope amid uncertainty Read More »

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