Preferences for aging in place are well-documented among older Americans, but there are some factors that should be considered carefully. This is according to Pamela Redwine, a family, health and wellness agent with the Mississippi State University Extension Service.
The potential elimination of Section 8 housing vouchers and roughly 40% cuts to rental assistance were included in a recent White House request to the U.S. Department of Housing and Urban Development (HUD).
The cuts, first reported by NPR, target core HUD programs like Section 8 vouchers, replacing them with block grants to states.
Previously approved federal grants from Congress are now coming with allegedly unlawful fulfillment conditions for homelessness and transit assistance, which put these services at risk of failing to meet the needs of program beneficiaries.
One of the most successful real estate teams in Texas is making a major brokerage move. The Neal & Neal Team, led by twin brothers Shane and Clint Neal, has left Keller Williams after 15 years to join eXp Realty.
Intercontinental Exchange‘s May 2025 Mortgage Monitor Report, released Monday, found that first-time homebuyers accounted for a record share of agency purchase lending (58%) in the first quarter 2025.
Prudent AI on Monday announced the launch of Prudent AI Upfront, a one-touch pre-qualification platform designed to improve lender sales funnels.
The company claims the product is the mortgage industry’s first of its kind and allows lenders to process more applications, reduce fallout and capture more business.
There is a growing trend in the real estate industry that puts sellers at a serious disadvantage: private, or “off-market,” listings.
While many brokerages promote private listings as a premium service, sellers are being misled by sacrificing maximum exposure and higher offers in exchange for a strategy that primarily benefits the brokerage and agent.
This week, the Federal Reserve is holding a crucial meeting that could significantly influence the housing market in 2025 and 2026. The outcome could set the stage for mortgage rate cuts or a pause in action until there are shifts in the labor market. As many have observed, President Trump has expressed dissatisfaction with Jerome Powell’s reluctance to lower rates. While replacing Powell is not currently an option, a leadership change will occur next year.
Another jobs week has come and gone, and while we see some signs of a slowdown in the labor market, it’s not breaking. Since 2022, I have suggested that to get mortgage rates below 6% with a longer duration, we need to see either a shift in the labor market or additional rate cuts that would lower the Fed Funds rate to around 3.5% or below.
Top 10 U.S. mortgage lender Rate is investing in the nonqualified mortgage (non-QM) space by launching a new suite of products. It aims to attract borrowers with nontraditional financial profiles, including self-employed individuals, small-business owners, freelancers and real estate investors.
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