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Author name: Ricky Vasquez

Zillow: Northeast housing competition heats up while Sun Belt offers breathing room

Affordability, Data & Visuals, Florida, Homebuyers, Housing Inventory, HWmember, New York, Real Estate, Texas, Zillow /

As the spring homebuying season ramps up, prospective buyers in the Northeast are facing fierce competition, while shoppers in the Sun Belt are finding more negotiating power, according to new data from Zillow. The analysis released Thursday shows a stark contrast between markets. In cities like Buffalo, New York; Boston; Hartford, Connecticut; and Providence, Rhode […]

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Whiplash: As second court orders halt to tariffs, appeals court keeps them in place

Department of Justice, Donald Trump, Housing Market, HWmember, Lawsuit, Politics, Regulatory, Supreme Court, Tariffs, Trump administration /

Following a late Wednesday night decision by the U.S. Court of International Trade to halt President Donald Trump’s sweeping tariffs on trade partners, a second federal court issued a similar decision in which it ruled that the invocation of a 1977 law does not give the president unilateral authority to impose such levies. But a

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Trump to Powell: It’s a ‘mistake’ to not lower interest rates

Donald Trump, Federal Reserve, HWmember, Interest rates, Jerome Powell, Monetary policy, Mortgage, Politics, Regulatory, Trump administration, White House /

President Donald Trump met Thursday with Federal Reserve Chair Jerome Powell at the White House to discuss economic developments, as Trump continues to press the Fed to lower interest rates. During the meeting, Trump told Powell he’s making “a mistake” by not lowering interest rates, the White House said Thursday. The meeting was at Trump’s

Trump to Powell: It’s a ‘mistake’ to not lower interest rates Read More »

Potential homebuyers are waiting for prices to fall

Bank of America, Data & Visuals, Home Prices, Home Sales, Homebuyers, Housing Market, HWmember, Property Tax /

Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Further analysis of the report, conducted by the Bank of America Institute, shows that three in four respondents expect home prices and interest rates to

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Bipartisan Senate duo finds common ground on fighting wildfires

California, Climate Change, House of Representatives, Housing Market, HWmember, Legislation, Montana, Senate, Wildfire /

In the halls of U.S. democracy, bipartisanship is a difficult concept. But some topics seem more likely to warrant collaboration between Republicans and Democrats, especially when it comes to housing or housing-adjacent issues. One such issue is natural disasters, including wildfires. Two senators with different bases of support are uniting in their efforts to fight

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UWM survives All-In challenge in federal appeals court

Law and legal issues, UWM /

United Wholesale Mortgage is victorious in yet another challenge to its “All-In” initiative after a federal appeals court ruled against a Florida brokerage. The Okavage Group filed an antitrust suit against UWM in 2021 over the megalender’s ultimatum for brokers working with competitors Rocket Cos. and Fairway Independent Mortgage Corp. The brokerage, led by Dan

UWM survives All-In challenge in federal appeals court Read More »

Monthly mortgage payments on the rise, but not for long

Economy, MARKETING TO BORROWERS, Mortgage Rates, Originations /

Homebuyers in the current Spring season are having to come up with larger monthly principal and interest payments, although a measure of relief might be on the way. The Mortgage Bankers Association Purchase Application Payment Index rose to $2,186 in April from $2,173 in March, although it is down from $2,256 one year ago. “Homebuyer

Monthly mortgage payments on the rise, but not for long Read More »

‘Reject Trump HUD cuts,’ city, state leaders tell Congress

Housing markets, HUD, Politics and policy, Trump administration /

A coalition of elected officials across the country is calling on Congress to continue funding of affordable housing programs targeted for elimination by the Trump administration.  Trump’s proposed fiscal year 2026 budget calls for the cancellation of the Community Development Block Grant and Home Investment Partnerships programs, both offered through the Department of Housing and

‘Reject Trump HUD cuts,’ city, state leaders tell Congress Read More »

Foreclosure filings up 14%, vacant property blight still low

Distressed, Foreclosures, Servicing /

New “zombie” property numbers from Attom show that to date they haven’t changed much despite a spike in foreclosure filings. Foreclosure filings jumped 14% in April compared to the same month the previous year, but property vacancies remained stable, according to Attom’s second quarter report. ICE Mortgage Technology’s recent report also noted a marked increase

Foreclosure filings up 14%, vacant property blight still low Read More »

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