How loan officers are saving deals as mortgage rates cross 6.6%

Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%. Originators are encouraging borrowers to ask for more seller credits, recalibrate their home search criteria and rush to close deals as quickly as possible. Rates for 30-year fixed mortgages reached 6.62% on Friday afternoon, up 5 basis points […]

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Arbor Homes’ low-$200s Arrival Series battles the affordability gap

Arbor Homes, a subsidiary of Clayton, is leaning into its Arrival Series to offer entry-level buyers a home in the low $200s, addressing the growing U.S. affordability gap.  The Indianapolis-based homebuilder recently introduced the Arrival Series to the Louisville market, with detached homes available starting at $199,995. The homes, located in a community in the

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MIAMI and RWorld merger targets unified MLS data and tools

MLS consolidation is something numerous industry executives advocate for but few have managed to successfully pull off given all of the logistical challenges of combining two distinct platforms into one. However, MIAMI Association of Realtors (MIAMI) and Broward, Palm Beaches & St. Lucie Realtors (RWorld) and their respective MLSs, MIAMI MLS and BeachesMLS, just proved

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