Mortgage Tech Rundown: Calyx Software, Finastra and Optimal Blue
5/20/2019 2:02 PM
This week"s mortgage tech rundown highlights the latest news in mortgage technology, featuring product updates, integrations and announcements...Read More
Want to make more money selling your home? Don"t move out
5/20/2019 12:32 PM
Redfin says America"s vacant homes are not only selling for less money, but they"re also spending more time on the market. In fact, Redfin"s data indicates the average vacant home now sells for $11,306 less and spends six more days on the market than comparable occupied homes...Read More
First American: Mortgage rates champion growth in potential existing home sales
5/20/2019 10:34 AM
In April, potential existing-home sales increased 0.1% from the previous month, according to First American’s Potential Home Sales Model. First American Chief Economist Mark Fleming said although the housing market underperformed its potential last month, its performance gap shrank compared with March...Read More
Trump: "Many geniuses" are working to end government control of Fannie and Freddie
5/20/2019 9:09 AM
President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of Realtors convention in Washington on Friday. In addition to HousingWire’s story on Trump’s speech, here are the president’s complete and unedited comments on housing-finance reform...Read More
Trump announces in NAR speech that he"s lifting steel and aluminum tariffs
5/17/2019 4:24 PM
President Donald Trump used his one-hour speech at the National Association of Realtors convention on Friday to announce the U.S. would be lifting steel and aluminum tariffs on Canada and Mexico. The president also said he fondly recalled his decades in the real estate industry and said he plans to return to it when he’s out of office...Read More
NAR’s Yun forecast for 2019 housing sales: New homes will drive market gains
5/17/2019 12:22 PM
New home sales probably will reach a 12-year high in 2019, according to Lawrence Yun, chief economist of the National Association of Realtors. Sales of existing homes probably will be flat, he said at NAR’s Legislative Meetings & Trade Expo in Washington D.C. on Thursday...Read More
Poor credit scores keep Gen Xers from entering the housing market
5/17/2019 12:22 PM
A recent report from LendingTree reveals that although Gen Xers are now in their prime earning years, many are refraining from homeownership due to substantial debt. According to LendingTree’s analysis, 28% of homeowners owe a median of $28,557 in student debt, whereas 27% of renters have a median of $28,203...Read More
The We Company launches real estate acquisition, management platform
5/17/2019 11:36 AM
The We Company, the parent of shared workspace provider WeWork, announced this week it launched a global real estate acquisition and management platform, ARK. So, instead of paying to rent out space in existing buildings, then turning around and renting that space back out via its co-working spaces, The We Company will use ARK to cut out the middle...Read More
Redfin: Last year"s tax reform bill impacted fewer homebuyers than expected
5/17/2019 11:35 AM
A year after implementing a tax reform bill that lowered caps on tax deductions permitted for mortgage payments and state and local taxes, Redfin reports that less than half of homebuyers say it impacted their home searches...Read More
Redfin: April"s home-price growth proves the market is heating up
5/16/2019 3:25 PM
In April, the nation"s home-sale prices stabilized, rising 2.8% from 2018 levels, according to new data from Redfin. Redfin chief economist Daryl Fairweather said homebuyers should take April"s home-price rebound as a cue that the cooldown may be coming to an end...Read More

CNN Money:
Retirement contribution limits will rise in 2019
11/1/2018 3:50 PM
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019....Read More

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