Older Americans who own their home are financially incentivized to stay put, which is likely to worsen the ongoing inventory shortage, two Redfin studies found. In one recent survey, Redfin found that over three-quarters (78%) of older American homeowners (ages 60 and up) are planning to stay in the

Josh Moody, a mortgage industry veteran with more than 20 years of experience and nearly $2 billion in career sales volume, recently joined Highlands Residential Mortgage.Based in Addison, Texas, Moody most recently worked for Synergy One Lending, where he posted nearly $77 million in production vol

Hal Rogers (R-Ky.) of the U.S. House of Representatives announced last week that $3 million has been allocated from the federal Consolidated Appropriations Act of 2024 to go toward the construction of homes for victims of flooding in eastern Kentucky that took place in July 2022.The funding will be

Mortgage rates remained stable this week as the personal consumption expenditures (PCE) inflation report matched economists’ expectations. As a result, HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.17% on Tuesday, up from 7.16% one week earlier