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Legislation moving through Congress would increase fees on U.S. Department of Veterans Affairs (VA) loans, creating a new flashpoint for the mortgage industry. H.R. 6047, which would expand benefits for severely disabled veterans and survivors, would offset its costs by raising fees. The fee for the Interest Rate Reduction Refinance Loan (IRRRL) program would rise from 0.5% to 1.42%, while the VA...

Classic kitchen designs endure for a reason. Features such as Shaker-style cabinetry, bridge faucets, warm wood accents and timeless finishes create spaces that feel welcoming and connected to a home’s architecture. But classic doesn’t have to mean predictable. In the following five...

Image Favorable supply and demand dynamics drive strong performance metrics for this new...

Image CEO Chris Bilotto says REIT has strengthened position through asset sales, balance sheet work, capital markets...

High Mortgage Rates Continue to Sideline Buyers Sales of newly built U.S. single-family homes fell sharply in May 2026, underscoring persistent affordability pressures that continue to weigh on the housing market despite builders' efforts to stimulate demand through incentives and price adjustments. Purchases of new homes declined 7.3% from April to a seasonally adjusted annual rate of 580,000, according...

Image Chief executive Simon Carter says office demand in London is running 50% above the long-term...

Seasoned real estate agents are anchoring the residential market as buyers confront the toughest affordability environment in decades, according to the National Association of Realtors’ (NAR) 2026 Member Profile, published on Thursday. The annual report, based on 2025 transactions and trends, shows the typical member now has 13 years of experience, up from 12 years in the prior survey. NAR membership...

U.S. Sens. Elizabeth Warren (D-Mass.) and Bernie Moreno (R-Ohio) are calling on Congress to shore up Social Security by lifting the cap on wages subject to payroll taxes. The proposal comes as policymakers and financial professionals warn of looming funding shortfalls and widespread confusion among retirees about how the program works. In an essay published Tuesday by The New York Times,...

Buying a first home has gotten materially harder for young adults in most major U.S. metros since 2019, as home values have far outpaced income gains and higher mortgage rates push monthly payments out of reach, according to a new Pew Research Center analysis of American Community Survey data. The study focuses on households headed by adults under 40 and compares inflation-adjusted changes in both home...

JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents effective immediately — the clearest step yet in the board’s planning for an eventual successor to CEO Jamie Dimon. Dimon, who has led JPMorgan since 2006, remains as chairman and CEO. Over his tenure, he has reduced the bank’s direct mortgage origination footprint in favor of higher-return businesses while tightening credit...