The Federal Reserve lowered interest rates for the first time in nine months this week, trimming its benchmark federal funds rate by a quarter percentage point to a range of 4% to 4.25%. The widely expected move comes as policymakers seek to ease borrowing costs that have strained households and businesses across the economy. The decision, backed by Fed Chair Jerome Powell and 11 members of the Federal...
Mortgage lenders are recalibrating ahead of the Federal Reserve’s anticipated monetary easing cycle by rolling out rate promotions, streamlining operations and broadening product menus. They aim to capture demand while navigating affordability and margin pressures. Executives told HousingWire they’re preparing for renewed borrower activity as rates edge lower — but with caution, given political...
Last week, Traditional Mortgage Acceptance Corp. (TMAC), dba GoodLife Home Loans, announced a leadership change when it promoted Chase Kinder to lead its wholesale division. GoodLife is the country’s fourth-largest originator of Home Equity Conversion Mortgages (HECMs), according to the most recent industry data from Reverse Market Insight. The company endorsed 1,344 HECM loans during the year ending...
Form Simplicity — a transaction management platform created and owned by Florida Realtors — has launched Sabal Sign, a fully integrated e-signature tool for its Ultimate Edition users nationwide. Sabal Sign provides unlimited signing sessions, mobile-friendly workflows and full compliance with U.S. electronic signature laws, eliminating the need for third-party services, Florida Realtors said....
Groundfloor Lending on Wednesday announced the expansion of its leadership team as its new business unit continues to scale. The recent appointments of Patrick Donoghue as vice president and general manager, Kendall Bazan as vice president of revenue, and Andrew Hurd as vice president of risk mark the next chapter for Groundfloor Lending as it matures into a standalone brand under the Groundfloor...
Although consumers are doing more independent research and home browsing than ever before, data from the National Association of Realtors (NAR) shows that 88% of buyers and 90% of sellers work with a real estate agent. How do these Realtor find consumers? Through real estate referrals. However, the way they meet their agents can differ greatly. From buying online leads, to farming, to getting...
Quincy Jones’ longtime Bel Air retreat — a home as legendary as the man himself — is up for grabs. Listed for $59.995 million, the sprawling compound sits on a 2.3-acre promontory with jaw-dropping 270-degree views stretching from the San Gabriel Mountains to the Pacific Ocean. Custom built for the music icon and designed by architect Jerry Allison, the estate combines resort-scale amenities with...
Designers are redefining wallpaper borders as chic accents that highlight trim, add pattern, and instantly upgrade any...
Kitchens of between 150 and 250 square feet hit a sweet spot — spacious enough for cooking and entertaining yet compact enough to eliminate wasted space. These midsize layouts maximize storage, streamline workflow and keep everything within reach. In these before-and-after projects, see...
Tenants, neighbors, and local officials shared their priorities for this multi-phase redevelopment in Bethesda,...
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