Pennymac increases its conforming loan limit to $802,650

In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits months ahead of the FHFA’s official announcement. On Friday, Pennymac joined Rocket Pro TPO in announcing an increase in their conforming loan limit to $802,650 — before the expected increase by t
Read MoreLower mortgage rates attracting more homebuyers
An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So
Read MoreThe challenges and opportunities for Hispanic real estate agents

Optimism is a prerequisite for success as a salesperson, and real estate professionals have it in spades. At the Tom Ferry event last month and at the National Association of Hispanic Real Estate Professionals (NAHREP) going on right now, this attribute is on display everywhere. Speakers are motivat
Read MoreThe insane new AI tools available for real estate agents

At the National Association for Hispanic Real Estate Professionals (NAHREP) L’Atitude conference on Friday, an AI expert showcased AI use cases for agents using tech tools that have improved by leaps and bounds this year — even in the last few days. I’ve interviewed AI experts for the last year, hel
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