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 […]

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

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