All those 2025 mortgage rates forecasts are now wrong

It’s late December so all the 2025 mortgage rate forecasts have been published. Unfortunately, all of them are already wrong. Most housing market analysts expect mortgage rates to spend the year with a 6 handle. The most optimistic predictions assume 2025 will see mostly low 6s for the 30-year fixed

Longbridge parent issues $243M private reverse mortgage securitization

Ellington Financial, the parent company of major reverse mortgage lender and servicer Longbridge Financial, announced this week that it has issued a $243 million proprietary reverse mortgage securitization backed entirely by Longbridge’s “Platinum” product line. The loans will also continue to be se

$8 Million Home of Boston Celtics Star Jaylen Brown’s Mother Is Broken Into Amid Spate of Robberies at Athletes’ Mansions

Winslow Townson/Getty Images; Realtor.com Boston Celtics star Jaylen Brown has become the latest athlete to be targeted in a string of robberies that have taken place at the homes of high-profile sports stars, according to multiple reports. According to the Boston Globe, Brown, 28, skipped team prac

HUD awards $225M to preserve and renovate manufactured homes across 26 states

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced that it has awarded $225 million to 17 groups across 26 states as part of its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) program that was launched earlier this year. The $225 million was