NAR’s Lawrence Yun predicts lower rates, 15% jump in existing-home sales in 2024

Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for 2024 is brighter, according to Lawrence Yun, chief economist with the National Association of Realtors (NAR).Yun took the stage on Tuesday at NAR NXT, the trade gro
Read MoreMark Willis steps back into CEO role at Keller Williams

Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, has stepped back into the role effective immediately. Marc King will continue to serve as President of Keller Williams.“I am grateful to be back,” Willis told HousingWire in an interview. “With a deep knowledge of our company and o
Read MoreFHA: MMI Fund remains healthy despite mortgage headwinds

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) managed another solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs.The FHA’s MMI Fund achieved a ca
Read MoreRocket Mortgage faces class-action lawsuit for unsolicited telemarketing calls

Detroit-headquartered lender Rocket Mortgage faces a class-action lawsuit for making repeated, unsolicited telephone calls, violating the Telephone Consumer Protection Act (TCPA).According to the suit filed in the U.S. District Court for the District of Arizona on Tuesday, Kellie Deits – a resident
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