Author name: Ricky Vasquez

Mortgage rates face several hurdles before they can return to 6%

Mortgage rates are likely to remain above 6% even if geopolitical tensions ease as inflation pressures, Federal Reserve policy and mortgage spreads continue to limit how far rates can fall. That’s according to remarks shared on stage Tuesday by HousingWire Lead Analyst Logan Mohtashami at the American Credit Union Mortgage Association (ACUMA)’s Make Your Mark […]

Mortgage rates face several hurdles before they can return to 6% Read More »

Millrose plans $1 billion bond sale to fund homesite growth

Millrose Properties, Inc. plans to raise up to $1 billion through a two-part senior notes offering, positioning the land development platform to finance homesite acquisitions linked to the pending Dream Finders Homes and Beazer Homes merger and to pay down its revolving credit facility. The Miami-based company said Tuesday it intends to issue $500 million

Millrose plans $1 billion bond sale to fund homesite growth Read More »

NextHome large-office model adds 5 former Keller Williams offices

Albert Meggers and Colleen Rogers, veteran Keller Williams brokerage owners in California, have moved five offices and nearly 400 agents to NextHome’s new large-office franchise model within four months of its launch, the company announced Tuesday. Meggers was first to sign on following NextHome’s May rollout of the five-year model designed for large, high-performing operators.

NextHome large-office model adds 5 former Keller Williams offices Read More »