Mortgage spreads are the only thing keeping rates under 7%

Mortgage spreads are once again the unsung hero for housing in 2026 because they are the sole reason why mortgage rates have been under 6.65% the entire year! Last week, the benefits of mortgage spreads being close to normal were very evident: if we currently had the highest levels of mortgage spreads in 2023, 2024 and 2025 with the 10-year yield at this level, mortgage rates would be over 7%. We all know...

Real estate antitrust and commission lawsuits, week in court update

It has been a busy week in the courts and HousingWire is here to update you on all of the real estate lawsuit developments.  The Compass v. NWMLS battle continues Compass is seeking to dismiss the counterclaims asserted against it by Northwest MLS (NWMLS), according to a motion filed last Thursday.  In the filing Compass claims that “only a monopolist like NWMLS would sue its own customer...

North Carolina Let Them Build Act targets environmental reviews

As North Carolina House Democrats take another swing at sweeping housing reform, a Democratic senator is seeking to streamline environmental reviews to accelerate construction. Sen. Woodson Bradley filed the “Let Them Build Act” on Thursday afternoon, days after House colleagues filed a bill titled “Relieving Housing Bottlenecks” to address the state’s affordable housing crisis. For New...

With the Hill in limbo on ROAD Act, the toll on BTR projects climbs

Last week, 76 members of Congress, specifically the Real Estate Caucus and the Build America Caucus, signed a bipartisan letter “expressing serious concerns” over section 901 of the 21st Century ROAD to Housing Act. The letter, signed by 38 democrats and 38 republicans, urged House leadership to remove or substantially alter the highly contentious Section 901, arguing it could reduce housing supply...

AD Mortgage broker survey finds rising AI use and training gaps

AD Mortgage released a new broker technology survey this week, which shows mortgage professionals are increasingly using artificial intelligence and digital tools but still face gaps in training, integration and adoption decisions. Based on responses from more than 250 mortgage brokers nationwide, the “Technology in the Mortgage Industry: 2026 Broker Survey” offers a snapshot of how originators are...

Clayton CrossMod single-section missing middle housing launches

“Try a lot of new things. Keep what works.” This has been an operational mantra at Clayton for more than a decade, inspired by Chairman and CEO Kevin Clayton’s embrace of the Japanese principle of kaizen – constant, patient, humble, unrelenting improvement. That ethos – more discipline than buzzword, more practice than promise – frames a milestone moment this weekend at the Berkshire...

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