‘Era of Super-Low Mortgage Rates Is Over’

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The real estate market is bracing for the fallout after the Federal Reserve raised its benchmark interest rate Wednesday by a quarter of a point.

Why Were Fewer Contracts Signed in August?

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Pending home sales continued to fall last month, marking the eighth consecutive month for annual decreases.

Eroding Affordability Puts Damper on New-Home Sales

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Though newly built single-family homes eked out an increase in August, it wasn’t enough to impress economists or make up for big shortfalls in housing.

Bill Aims to Help More People Break Into Homeownership

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Congress is weighing the American Housing and Economic Mobility Act of 2018, which seeks to add more affordable housing inventory.

Sandler Law Group buys out McGlinchey Stafford & Youngblood and Associates

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Sandler Law Group, a Texas-based firm that specializes in residential mortgages and owner of Tech100 winner Asurity Technologies, acquired the business operations of McGlinchey Stafford & Youngblood and Associates, a closing and fulfillment services provider for the mortgage the lending industry.

[Expert commentary] As demand booms, cash in single-family rental market flows

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Sale leaseback programs have the potential to provide a steady stream of affordable, new single-family rentals for the booming market when the original owners decide they’re ready to move on.

Freddie Mac restructures multifamily capital markets division, promotes Robert Koontz to SVP

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Freddie Mac announced an organizational shift in its multifamily capital markets department business along with the promotion of Robert Koontz to senior vice president of multifamily capital markets. Freddie also announced that its folding two divisions into the Multifamily Capital Markets department under Koontz.

Fannie Mae launches challenge for healthy affordable housing solutions

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Mortgage titan Fannie Mae recently announced it will sponsor an award for the best proposals for a healthier housing future. The Innovation Challenge will be a two-year, $10 million commitment, challenging public, private and nonprofit organizations to reimagine affordable housing as the prescription for a healthy life.

Federal Reserve hikes interest rates again

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The Federal Reverse raised interest rates for the third time this year, pushing rates up by .25% to 2.25%. Strong economic growth and a booming job market have led to the eighth rate hike since 2015, as the Fed tries to rein in the acceleration of inflation. Click the headline to read more.

RealPage: Multifamily performance remains strong in Q3, elevated supply worries remain

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U.S. rent growth increased to 2.9% in the third quarter this year, up from last quarter’s 2.5%. According to RealPage’s Q3 report, this is the result of unusually strong demand this quarter.