Author: Michael Gersitz

With mortgage rates hitting historic lows, many consumers are eager to shop for houses. However, they face the challenge of low inventory and sellers who may be hesitant to put their homes on the market in the midst of the

The housing market continues to show positive signs of recovery, according to realtor.com’s weekly Housing Market Recovery Index, yet the effects of COVID-19 still remain a concern. The index is set to 100 for the last week of January and

When the nation’s top central bankers spoke in public this week, they didn’t sugarcoat their outlook for the U.S. economy: What could have been a V-shape recovery if the nation managed to get the COVID-19 virus under control is probably

On Wednesday, reverse mortgage lender Open Mortgage pledged to suspend its Facebook advertising for the month of July in solidarity with the Stop Hate For Profit campaign. The multi-channel mortgage lender stated in a release that it stands with the

Federal Reserve officials expressed concerns at their last meeting about additional waves of COVID-19 infections worsening the recession and triggering a new spike in unemployment, according to minutes released Wednesday. At June’s rate-setting Federal Open Market Committee, conducted via videoconference,

Lenders are growing frustrated with digital Verification of Asset (VOA) services that don’t always work — and Athens, Georgia-based FormFree is listening. Now, the company is taking the data retrieval issues behind those frustrations head-on. “There are a couple of

Keller Williams announced on Wednesday its expansion into more international markets. As of May 30, the real estate brokerage said it has 107 market centers and 5,250 agents across Europe as well as 18 market centers and 1,135 agents across

The current COVID-19 situation seemingly has provided a sudden glimpse into a future world, one in which digital has become central to every interaction, forcing organizations to further up the adoption curve almost overnight.  Hassan RashidGuest Author The ‘6D’ chain

U.S. construction spending fell 2.1% in May, though the level of homebuilding was above the year-ago level, according to a government report on Wednesday. Combined homebuilding and nonresidential construction outlays totaled $1.36 trillion at a seasonally adjusted annualized rate, down

Mortgage applications fell 1.8% last week despite mortgage rates staying low, according to a report by the Mortgage Bankers Association. A seasonally adjusted index measuring purchase applications also fell 1% – marking its second week of decline after a two-month

Sundae, a residential real estate marketplace that pairs sellers of distressed property with potential buyers, has raised $16.55 million in Series A funding. QED Investors led the round, which also included participation from PayPal co-founder Peter Thiel’s Founders Fund, Susa

Freddie Mac Multifamily announced Monday that it has created three additional forbearance options to assist multifamily borrowers who have been impacted by COVID-19. Those options also extend tenant protections. The options include delaying the start of the repayment period following