Existing home sales have had a nice rise since mid-June, but what will it take for this sales growth trend to continue in 2026? Over the last few years, when rates drop noticeably, sales pick up, but then mortgage rates have shot up over 7% and taken away housing’s momentum. In 2026, are there key […]
Existing home sales outlook improves as mortgage rates stabilize Read More »
Homebuilding executives are starting the new year with a downbeat view of the housing market, as buyer hesitancy, shaky consumer confidence, shrinking profit margins and elevated incentives weigh on the industry. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI)’s builder confidence gauge remained negative with a reading of 37, falling two
Homebuilder confidence dips in January despite easing mortgage rates Read More »
Non-QM mortgage lender Logan Finance Corp. announced last week that Chuck Vaughn has joined the company as managing director of correspondent lending. Vaughn will oversee strategic initiatives, efforts to expand market share, the launch of Logan Finance’s select delegated channel and lead operational growth across its correspondent business. “We were seeking a proven leader who
Logan Finance taps Chuck Vaughn for correspondent lending leadership role Read More »