Newsletter

• Pretium Partners to acquire 4,000 D.R. Horton rental homes in $1.5B deal Jun. 02nd 2023
  Real estate investment firm Pretium Partners is acquiring thousands of homes from D.R. Horton Inc. in a $1.5 billion deal.

• Jobs data shows the truth about the labor market Jun. 02nd 2023
  Follow the trend to understand Friday's jobs data, which showed 339,000 jobs were created in May while the unemployment rate increased.

• May jobs report complicates things for the Fed Jun. 02nd 2023
  Job growth surprised economists yet again in May, with total nonfarm payroll employment rising by 339,000 jobs compared to April.

• FHA or conventional? After LLPA tweaks, the calculus changes for some Jun. 01st 2023
  The FHFA's new LLPAs mean the agencies are competing with the FHA for certain borrowers. Here's how LOs are navigating the shift.

• Mortgage rates trend down amid lower monetary, fiscal pressures  Jun. 01st 2023
  Mortgage rates jumped last week but began to reverse course over the last few days after a debt ceiling agreement was struck.

• Here’s how homebuilders are capitalizing on first-time homebuyers May. 31st 2023
  With homebuyers facing fewer choices in the resale market, many are turning to newly constructed homes, resulting in an unexpected boost in business for homebuilders.

• DataDigest: Where renters can actually afford to buy May. 31st 2023
  There are only four housing markets in the U.S. in which the median renter in that market could afford half or more of the homes, according to an analysis by First American.

• Mortgage apps decline as rates hit the highest level in six months May. 31st 2023
  Higher mortgage rates caused by the debt ceiling drama and resilient inflation reduced demand for home loans last week.

• Leaders struck a debt ceiling deal. What it means for mortgages  May. 30th 2023
  The debt ceiling deal represents momentary relief for the mortgage market, as it reduces the chances of a federal government default.

• FHFA House Price Index hits an all-time high May. 30th 2023
  On Tuesday the FHFA House Price Index hit an all-time high. Total active listings are still near all-time lows and demand has stabilized.