Nestled along the Boise River and surrounded by breathtaking foothills, Boise is a city where outdoor adventure, rich history, and a lively arts scene converge. From charming hidden gems in downtown to breathtaking nature escapes, there are so many unique
Rep. Barbara Lee expresses interest in leading HUD if Harris becomes president
Rep. Barbara Lee (D), a member of the U.S. House of Representatives who serves California’s 12th Congressional district in the Oakland area, has signaled that she is interested in the role of secretary at the U.S. Department of Housing and
Sonu Mittal on Freddie Mac’s newest moves to lower lender, borrower costs
In the newest episode of the HousingWire Daily podcast, host Sarah Wheeler sits down with Freddie Mac’s Sonu Mittal — the agency’s senior vice president and head of single-family acquisitions — to explore its recently announced alternative to loan repurchases,
Virginia Housing Market: Trends and Forecast 2024-2025
The Virginia housing market in 2024 is showing a mixed bag, with relatively flat sales but significantly rising prices. While the number of homes sold hasn’t drastically changed compared to 2023, the median sales price has jumped considerably, indicating a strong seller’s market in
MISMO tech VP on what the reverse mortgage working group brings to the table
The Mortgage Industry Standards Maintenance Organization (MISMO), a subsidiary of the Mortgage Bankers Association (MBA), has been developing a series of uniform technology standards that will ideally allow for the somewhat siloed reverse mortgage industry to more easily collaborate with
FirstTeam’s Michele Harrington talks innovative recruitment strategies for brokerages
In this week’s episode of the Power House podcast, host Diego Sanchez sits down with FirstTeam Real Estate CEO Michele Harrington for a provocative conversation about female empowerment, leadership in the real estate industry and recruitment strategies. This interview has
11 Charming Small Towns in Texas You’ll Want to Call Home
If you’re thinking about moving to Texas, bustling cities like Houston or San Antonio might come to mind. However, this state has much more to offer. From quaint downtowns to festivals that bring the community together, Texas’ small towns are
Why did mortgage rates rise after the negative jobs report?
Update: Since publishing this story, mortgage spreads have improved from yesterday, so some lenders may have better pricing today. Today’s jobs report showed the lowest job-growth data for the year at 12,000. You would think this would cause the 10-year
10 Fastest Growing Housing Markets of the Previous Year
The housing market is experiencing fluctuations in home values across various metropolitan areas in the United States. According to Zillow, a prominent real estate marketplace, the overall national home values have witnessed a “marked cooldown” in the rate of increase,
NRMLA asks HUD to extend reporting timetable for cybersecurity incidents
The National Reverse Mortgage Lenders Association (NRMLA) said this week that it has submitted comments to the U.S. Department of Housing and Urban Development (HUD) requesting that the agency, at minimum, align its cybersecurity reporting requirements with those of Ginnie
Optimal Blue’s Joe Tyrrell on deciding where to use gen AI
Editor in Chief Sarah Wheeler sat down with Optimal Blue CEO Joe Tyrrell to talk about how the company decides where to deploy generative AI and why return on investment (ROI) for customers is paramount. Before arriving at Optimal Blue
Introducing the 2024 HousingWire Tech Trendsetters!
HousingWire is excited to announce the honorees of this year’s Tech Trendsetters award. The Tech Trendsetters are made up of the top product and technology leaders who have been essential in bringing innovative tech solutions to market for mortgage and
How a 1% Drop in Mortgage Rates Can Boost Home Buying in 2024
Imagine this: you’re looking to buy your dream home, and the mortgage rates just dropped by 1%. This drop could turn your dream into reality by saving you money every month and making your monthly payments more affordable. The topic
Market Reactions: How Investors Should Prepare for Interest Rate Cut
When investors hear talk about potential rate cuts from the Federal Reserve, they should pay attention—just like you would when storm clouds gather. Market reactions to interest rate changes often shape how assets perform and can determine the momentum of an investment
What to Expect from the Fed’s First Rate Cut in 4 Years: Predictions
As we stand on the cusp of a significant change in the economic landscape, the question reverberating across financial newsrooms, households, and boardrooms is, What to Expect from the Fed’s First Rate Cut in Four Years? With the Federal Reserve expected
Mortgage Rates Drop Ahead of Fed’s Meeting Tomorrow
As of September 17, 2024, mortgage rates are following a downward trend, which has many prospective homebuyers and homeowners considering their options. With the recent announcements from the Federal Reserve and shifting market conditions, now is a prime time to
When is the Next Fed Meeting on Interest Rates in 2024?
Many individuals and businesses are keenly anticipating the next Fed meeting on interest rates. Scheduled for September 18, 2024, the next Federal Open Market Committee (FOMC) meeting holds significant importance as policymakers assess the economic landscape and adjust monetary policies
Fed Interest Rate Cut Can Save You Hundreds of Dollars Per Month
Imagine waking up one morning and realizing you could save hundreds of dollars each month, all because of a decision made by a group of financial experts! This is not just a dream, but a real possibility as we look ahead to
Housing Market Predictions for the Next 4 Years: 2024 to 2028
As we look toward the future, experts predict a significant evolution in the housing market, particularly regarding home prices. The latest insights from Fannie Mae’s Home Price Expectations Survey (HPES) reveal an intriguing landscape for homeowners and investors alike. This survey, which
Housing Market in 10 Years: Game-Changing Predictions for 2034
As we stand on the precipice of a new decade, the housing market in 10 years promises to be a landscape shaped by technological innovation, demographic shifts, and evolving economic factors. By 2034, the real estate sector will likely have undergone significant transformations,
Today’s Homebuyers Report
INTRODUCTION In recent years, connection to community has felt out of reach for various reasons – and the lack of it has reached a new level of urgency. In 2023, the U.S. Surgeon General released a report on America’s “loneliness
Seattle Housing Market Forecast 2025: What to Expect
When considering real estate investment, understanding the Seattle housing market forecast 2025 serves as a vital compass in navigating this complex terrain. As we move deeper into 2024, Seattle’s housing market showcases intriguing trends that could profoundly impact buyers, sellers, and investors
Hispanic Homebuyers Report
Introduction Hispanic and other underrepresented homebuyers can often face various obstacles in their path toward homeownership. Despite that, Hispanic homebuyers are a major force in the housing market1: studies suggest that by 2040, 70% of net new homeowners will be
Housing Market is Predicted to Sustain Historical Average Growth in 2025
Imagine the hustle and bustle of a busy city where people are always on the move, especially when it comes to buying homes. Goldman Sachs predicts home prices to rise more than 4% in 2024 and 2025, a projection that many