Single-family construction permits jump significantly: NAHB

Mortgage rates remain relatively high and existing-home inventory is low as a result. That’s providing a golden opportunity for homebuilders.The National Association of Home Builders (NAHB) reported Tuesday that its Home Building Geography Index (HBGI) showed growth in the number of building permits

How reverse mortgage lenders are planning for potentially lower rates

With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell indicated recently that a cut to the federal funds rate at this month’s meeting of the Federal Open Market Committee (FOMC) is on the table, which would likely have the effect of driving mortga

Donald Trump and Kamala Harris Trade Jabs in New Housing Affordability Campaign Ads

Getty ImagesPresidential candidates Donald Trump and Vice President Kamala Harris are trading jabs over housing affordability in a new pair of dueling campaign ads.Harris, the Democratic nominee, has made the housing affordability crisis a centerpiece of her campaign, announcing proposals for new ta

Florida-based The Keyes Co. settles the commission lawsuits

Florida-based independent brokerage The Keyes Co./Illustrated Properties has joined the growing list of brokerages that have settled the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a motion to stay the ca