Rocket Mortgage might have been a few weeks behind its competition in announcing its presumptive 2026 conforming loan limit increase, but it took that time to go higher than the rest of the market. United Wholesale Mortgage, Pennymac, Crosscountry and Rate all announced in late September they were now purchasing single-family mortgages up to $819,000 […]
Rocket’s 2026 early conforming limit hike tops others by $6k Read More »
Confidence among US homebuilders rose this month by the most since early 2024, boosted by lower mortgage rates that are chipping away at the nation’s affordability problem. An index of market conditions from the National Association of Home Builders and Wells Fargo increased 5 points in October to 37, the highest since April. A value
US homebuilder sentiment rises by most since 2024 Read More »
Homeowners are seeing smaller profits from sales compared to a year ago, but the latest numbers still surpass pre-pandemic levels, as growing numbers hold onto their properties amid surging equity accrual. Sellers gained an average of 49.9% in profit after transactions closed during the third quarter, according to the latest home sales report from real
Homeowners see slimmer profits from third-quarter sales Read More »