Migration slows under pressure of rate lock-in, cooling job market

Americans are moving less in 2025, with overall migration still well below pre-pandemic levels, according to a new report from Bank of America Institute. The number of people who are moving remains significantly lower than before the pandemic – down almost 20% in the first quarter of 2025 compared to the first quarter of 2020, the report said. While some signs of recovery appeared earlier this year,...

Kimber White’s vision for NAMB: Affordable housing and enhanced mortgage education

Kimber White, the incoming president for the National Association of Mortgage Brokers (NAMB), is taking the reins of the organization on Oct. 1, marking the second time that he’ll be leading the organization. White originally held the role, which is a one-year term, back in 2020. Five years later, White sat down with HousingWire to discuss his plans for addressing the housing affordability crisis,...

Palatial $24M Coconut Grove mansion channels a Gothic castle (but has sunlit interiors)

South Florida has no shortage of showstopping homes, but few command attention quite like Villa Rosa. Rising from Coconut Grove’s waterfront, the Venetian-style estate looks more like a European castle than a Miami mansion — and it’s now up for grabs at $24 million. The home was designed by Ralph Portuondo and completed in 2009, but it channels centuries of history with its Gothic-inspired...

Kristen Wiig’s former hillside home in Los Feliz resurfaces as a $12k/month rental

Kristen Wiig’s old Los Feliz digs are back on the market — but this time, you don’t have to buy it to call it home. The stylish Franklin Hills residence that the actress/comedian parted ways with in 2017 has now hit the rental market for $11,995 a month. Represented by Brandon Assanti of The Agency Brentwood, the house comes fully furnished and stocked with all the high-end touches you’d expect...

California, Florida Top U.S. Housing Markets Most at Risk of Downturn

U.S. housing markets most vulnerable to downturns this summer were concentrated in California, Florida, New Jersey, and Louisiana, according to ATTOM's second-quarter 2025 Housing Risk Report. The analysis, which ranks county-level risk based on affordability, mortgage stress, foreclosure activity, and unemployment, found that 21 of the 50 riskiest counties were in the South. California alone accounted for...

Click n’ Close pairs 5/1 ARM with down payment assistance for new homes

Mortgage lender Click n’ Close has rolled out a new financing product that pairs an adjustable-rate mortgage with down payment assistance in an effort to make new homes more accessible to buyers. The program — called the SmartBuy 5/1 ARM Down Payment Assistance product — offers a first mortgage alongside a repayable second mortgage. The second loan can be applied toward costs such as down...

Rocket pushes back debt exchange deadline amid Mr. Cooper deal

Rocket Companies has extended the deadline for investors to exchange debt issued by a Mr. Cooper Group subsidiary for the lender’s own paper — a step tied to its $9.4 billion acquisition of the competitor. The deadline moved from Sept. 2 to Sept. 30, still leaving enough time for the deal to close in the fourth quarter as planned. Rocket also signaled it may extend the deadline again until the...

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