News – Page 2 – Michael Gersitz

30-Year Fixed Mortgage Rate Drops Steeply by 78 Basis Points

This is huge news for anyone dreaming of homeownership or looking to refinance their mortgage. The 30-year fixed mortgage rate has officially dipped below 6%, settling at a fantastic 5.98%, according to the latest, highly anticipated report from Freddie Mac.

Capital One joins BPC housing affordability council

The Bipartisan Policy Center (BPC) has added Capital One to its Executive Council for Housing Affordability, a group of private-sector leaders focused on expanding access to affordable housing. Gina Metrakas, vice president and head of federal advocacy at Capital One,

How to Balance Personal Style With Buyer Appeal in High-End Homes

Owning a high-end home is a reflection of your personal style, but when it comes time to sell, those same choices can either attract buyers or make it harder for them to picture themselves in your space. Luxury buyers are

Millrose outperforms with disciplined growth, strong partnerships

Now one for the books, the 2025 homebuilding market slowed in new construction, resulting in contract cancellations and reduced takedown activity. Millrose Properties, whose epic scale and timing launched a new era in land banking and asset-light homebuilding development in

How to Buy a House with Low Income Even If You Have Little Savings

If you’re wondering how to buy a house with low income, you’re not alone. Many buyers assume homeownership is out of reach if they earn less than the area’s median income — but that’s not always true. Buying a home

Mortgage Rates Today, February 27: 30-Year Refinance Rate Rises by 9 Basis Points

On February 27, 2026, the 30-year fixed refinance rate remained steady at 6.52% according to Zillow, yet it has nudged up by 9 basis points compared to last week. This subtle shift underscores a critical point for homeowners considering a

New president at the helm at Sotheby’s Canada

Sotheby’s International Realty Canada has appointed Mustafa Abbasi as president, naming a technology-focused executive to lead the luxury brokerage’s next phase of growth. Previously serving as founding president of Zolo, Abbasi built a technology-driven brokerage operating across Canada. Following Zolo’s

6 Powder Room Wallpaper Ideas for a Big Impact

The powder room is a space in your home where you can lean fully into personality. As one of the smaller rooms in the house, wallpaper choices that might feel bold elsewhere often fit perfectly here. And best of all,

AD Mortgage research shows minor FICO improvements can ease homebuying costs

Improving a credit score could save homebuyers tens of thousands of dollars in mortgage interest, according to a new nationwide study from AD Mortgage, released on Thursday. The analysis, Credit Score vs. Mortgage Cost: How Long It Takes to Improve

How to Get a 3% Mortgage Rate in 2026?

Securing a 3% mortgage rate in 2026 might sound impossible in today’s market, but it’s entirely achievable through assumable mortgages. These loans allow buyers to take over the seller’s existing mortgage terms—often locked in years ago when rates were much

AD Mortgage launches its largest non-QM securitization yet

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced on Friday the successful launch of a $602.7 securitization deal, its largest to date. The transaction, which follows the company’s first deal of the year, a $567.42 million

Selecting the Best Wallpaper for Your Powder Room: A Complete Guide

A powder room is the perfect place to have fun with design. Small in size but big on impact, this often-overlooked space is where you can experiment with color, pattern, and texture in a way that feels intentional rather than