Mortgage rates reached a new 2025 low today, despite core inflation running at 3.1% year over year, according to the CPI report this week. The softening labor data and improved mortgage spreads currently overshadow any concerns about inflation. If the jobs data were exceeding estimates, the situation would be different. According to Mortgage News Daily, […]
Mortgage rates drop to another new low for 2025 Read More »
OneTrust Home Loans filed a lawsuit this week challenging the long-promoted neutrality of mortgage coaching programs, alleging the services were used by a rival to gain a competitive edge. The California-based lender is suing former loan officer Broch Lassig, mortgage coach Richard Ruby, and Ruby’s company, The Core Training, accusing them of misusing confidential business
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New Western and PadSplit have entered a partnership aimed at increasing affordable co-living housing, effective last week. New Western cofounder and President Kurt Carlton told HousingWire the collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces — while leveraging New Western’s large property inventory. “(PadSplit) will help you
New Western president speaks on PadSplit partnership Read More »