May 2025

10 Kitchen Islands With Standout Pendants (10 photos)

Whether an island is a dedicated workhorse or just for show, it’s often the centerpiece of a kitchen. And by extension, the lighting above it plays a central part in the look and feel of a kitchen design. These 10 pendant lights over islands present a range of possibilities, but all have that...

10 Times to Hire a Professional Organizer (11 photos)

Wondering if it’s time to hire a professional organizer? This pro is trained to set up spaces that function smoothly and efficiently, eliminate clutter, create filing systems and teach you processes and solutions you can rely on to stay on track after he or she leaves. If you are going through a...

U.S. Homebuilder Confidence Drops Sharply in May, Hits 3 Year Low

Confidence among U.S. homebuilders took a significant hit in May 2025 as ongoing economic headwinds -- including high interest rates, trade policy uncertainty, and volatile material costs -- continue to dampen sentiment across the residential construction industry. According to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today, builder sentiment...

Better mortgage spreads boost housing demand in 2025

One of the lesser known storylines in housing economics is that the improvement in mortgage spreads since 2023 has contributed to a noticeable trend in purchase application data for 2025, which is now showing 15 consecutive weeks of positive year-over-year growth.  Mortgage spreads recently turned negative due to market volatility, which resulted in an increase of 20 to 25 basis points in mortgage...

Will cutting mortgage rates fix the housing market?

Mortgage professionals are navigating one of the most challenging origination markets in recent history. Still, cutting mortgage rates would not be the end-all solution to pacify markets that many claim it to be. While lower rates might temporarily ease borrower costs or support home purchases, they would also expose the housing industry to further risk without meaningfully addressing core issues, like...

Reverse mortgage LOs share appraisal challenges at NRMLA event

Reverse mortgage originators often remain a key point of contact for their clients from initial consultation to long after the loan closes. But getting to the closing table can come with its own set of unique challenges, whether it comes from rules that govern the Home Equity Conversion Mortgage (HECM) program or the potential bias of an appraiser. This message was shared by a panel of reverse mortgage...

HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required step to access the $225 million in Community...

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