When market players say housing leads us into a recession, it traditionally means theFederal Reserve raised rates too much, housing slowed down as a result and a job-loss recession isn’t too far off. But a funny thing happened this year for the U.S. economy: single-family permits kept rising as new

U.S. pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% compared to October 2022, it’s still the smallest annual decline in nearly two years, according to a report from Redfin.Here’s a

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. HousingWire reported in July hat Movement’s national sales director Deran Pennington, leader of the South and Central d

CBC Mortgage Agency — a federally chartered housing finance agency — is reducing interest rates on repayable second mortgages used for its down payment assistance (DPA) program. This marks the first time for CBC Mortgage Agency is reducing interest rates on its second mortgages used for its DPA prog