2026

Mortgage trade groups urge VA to revise elements of proposed partial claim rules

The Mortgage Bankers Association (MBA) urged the U.S. Department of Veterans Affairs (VA) to revise elements of its proposed partial claim and loss-mitigation policies for VA-backed mortgages, arguing that the draft rules could leave veteran borrowers at a disadvantage compared to others. In a comment letter submitted Wednesday and addressed to Patrick Zondervan, executive director of the VA’s Loan...

New Jersey proposal could reduce senior property tax relief

New Jersey homeowners could see smaller property tax relief benefits under a budget proposal unveiled Tuesday by Gov. Mikie Sherrill, as the state confronts fiscal pressures and persistently high costs of living. In her first budget address since taking office, Sherrill proposed tightening eligibility and lowering the maximum payout for the state’s Stay NJ program — a property tax relief initiative...

Ongoing Middle East Conflict Pushes U.S. Mortgage Rates Higher Mid-March

Biggest Weekly Mortgage Rate Increase in Since May 2025 Residential mortgage rates climbed this week as financial and energy markets reacted to escalating tensions in the Middle East following the launch of Operation EPIC FURY on February 28, 2026. The operation, a U.S.-led campaign in coordination with Israel targeting Iran's nuclear, missile, naval, and related infrastructure, threatened earlier-year...

Flexible Workplaces Become Core U.S. Office Infrastructure

U.S. Coworking Market Expands Rapidly in 2025 According to new data by Yardi Kube, the U.S. coworking sector posted another year of strong expansion, reinforcing its transition from a niche workplace alternative into a core component of the modern office market. Between January 2025 and January 2026, the national coworking footprint grew to 8,973 locations, up from 7,776 a year earlier -- a 15% increase....

CrossCountry Mortgage launches dedicated builder division amid new-home surge

CrossCountry Mortgage (CCM) has launched a dedicated homebuilder division and made a “significant investment” in the new unit as it targets more business from builders and consumer buyers, the company announced Wednesday. The Cleveland-based lender said the expansion is meant to deepen relationships with builders nationwide and deliver loan products tailored to both builders and new-home buyers. The...

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