Over 40% of US Homeowners Are Now Mortgage-Free
New data reveals a record 40.3% of U.S. homeowners now own their homes without a mortgage, a trend driven primarily by the aging Baby Boomer generation.
#Real Estate#Housing Market#US Economy
#Mortgage
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When Can Lenders Ask for Proof of Citizenship?
Mortgage lenders can legally ask about immigration status but cannot discriminate based on national origin. Learn the difference and what to do if you feel targeted.
#Real Estate#Mortgage#Fair Housing Act
Lower Partners with HomeSmart in Major Mortgage Push
Mortgage lender Lower has announced a major strategic partnership with real estate brokerage HomeSmart, gaining access to a network of 25,000 agents nationwide.
#Mortgage#Real Estate#Lower
Real Estate Industry Faces Legal Disputes, Leadership Shifts
The real estate industry is navigating significant legal challenges, leadership transitions, and concerns over government policy impacting the housing market.
#Real Estate#Zillow#Compass
Rocket Companies Pivots Strategy Amid Market Volatility
Rocket Companies is executing a major strategic pivot, acquiring Redfin and Mr. Cooper Group to build a resilient, integrated homeownership platform.
#Rocket Companies#Mortgage#Real Estate
Real Estate Industry Sees Major Leadership and Legal Shifts
Key leadership changes are underway at HomeSmart, NAMB, and the MBA, while Zillow and Redfin face a growing antitrust lawsuit now backed by five states.
#Real Estate#Mortgage#Antitrust
Florida Homebuyers Find Savings with Assumable Mortgages
In South Florida's high-cost housing market, some buyers are using assumable mortgages to take over sellers' low-interest loans, saving thousands on monthly payments.
#Real Estate#Mortgage#Personal Finance
Experts Explain Real Estate as a 'Get Rich Slow' Investment
Financial experts advise treating real estate as a long-term strategy for building wealth, not a get-rich-quick scheme, focusing on steady equity growth.
#Real Estate Investment#Personal Finance#Wealth Management
A Guide for First-Time Homebuyers Navigating the Market
A comprehensive guide for first-time homebuyers, covering essential steps from financial preparation and mortgage pre-approval to navigating the market and closing the deal.
#Real Estate#Personal Finance#Homebuying
AI Tools Help Hispanic Buyers Overcome Mortgage Barriers
New artificial intelligence platforms are helping Hispanic and limited-English homebuyers overcome traditional barriers in the mortgage application process.
#Artificial Intelligence#Real Estate#Mortgage
Should You Pay Off Your Mortgage Early? A Financial Guide
Deciding whether to pay off your mortgage early involves a trade-off between guaranteed interest savings and potentially higher returns from investing. This guide explores the pros, cons, and key fina
#Personal Finance#Mortgage#Real Estate
How a Government Shutdown Could Disrupt the US Housing Market
A potential US government shutdown threatens to delay mortgages, interrupt flood insurance, and damage buyer confidence, posing a significant risk to the housing market.
#Government Shutdown#Real Estate#Housing Market