Homebuilders are using more buyer incentives since the election

The combination of the 2024 presidential election, anticipated future rate cuts, mortgage rate volatility and housing affordability challenges have led more potential homebuyers to stay on the sidelines. But a new report from Zonda says that after the election, consumers have started to regain their

‘Home Alone’ Star Daniel Stern Shares Glimpse Into His Life on Remote Cattle Ranch After Quitting Bright Lights of Hollywood

YouTube “Home Alone” star Daniel Stern is best known for his role as bungling burglar Marv, having shot to fame while starring alongside Macaulay Culkin and Joe Pesci in the 1990 holiday hit. But though Stern’s face is broadcast in the homes of millions every holiday season, in real life, he favors

Ginnie Mae exec who helped launch MBS issuer scorecard announces retirement

Leslie Meaux Pordzik, who serves as senior vice president for the Office of Issuer and Portfolio Management at Ginnie Mae, will retire from the government-owned corporation on Dec. 27, marking the conclusion of a 36-year career in the mortgage finance industry. Pordzik has spent the past 13 years at

The Truth About Down Payments

There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.