Mortgage industry experts are divided over the idea of allowing Fannie Mae and Freddie Mac to increase their purchases of mortgage-backed securities (MBS) in order to reduce mortgage rates, a proposal recently suggested by trade groups.  While the government-sponsored enterprises (GSEs) could create

King Charles has made the sensational decision to strip his brother, Andrew, of his official "Prince" title—while announcing that the disgraced royal will be evicted from his longtime home near Windsor Castle to move to "private accommodation" at the family's Sandringham estate. The news comes after

The Federal Reserve's interest rate cut this week was widely expected, but Fed Chair Jerome Powell's comments afterward included surprises that are poised to send mortgage rates higher. After Fed policymakers voted to cut the benchmark rate by a quarter point, Powell told reporters that another rate

Bal Harbour will join a lawsuit challenging Senate Bill 180, a law that restricts local governments’ control over planning and land use regulations. It marks the village’s latest fight against state legislation restricting control, following its opposition to the Live Local Act. More than two dozen

For Keith Robinson, co-CEO of NextHome, the surge of federal attention on the housing shortage is a positive first step — but one that must be tempered by patience and practicality. “I’m ecstatic that it’s a conversation now, because that’s the first step,” Robinson said. “It’s gone from no one talk

Mortgage interest rates dipped for the fourth week in a row, and it's pushing sellers to enter the housing market. New listings were up 5.9% last week compared with the same period a year ago, extending the streak of accelerating growth to three weeks, according to the Realtor.com® Weekly Housing Tr

Yolanda Hadid has finally found a buyer for her sprawling $11 million Pennsylvania farm—after turning the rundown estate into a "sanctuary and safe haven" where her supermodel daughters, Gigi and Bella, were able to escape the spotlight. Yolanda, 61, who earned her own slice of fame starring on the

NuRock Companies proposes a 130-unit affordable apartment project near Opa-locka, marking its second planned development in the area.  Alpharetta, Georgia-based NuRock wants to develop the L-shaped building, called Heritage at Gratigny Park, on a nearly 1-acre vacant lot on the southwest corner of N

A wealthy New York couple who thought they had hired the "perfect" nanny to care for their newborn daughter have now accused the same woman of turning their idyllic upstate life into a nightmare by squatting in their $1 million farmhouse—and wreaking havoc on the property. Jamie Carano Nordenström a

The National Association of Realtors (NAR) and its CEO Nykia Wright have broadly acknowledged that things within the trade organization need to change. And while the trade group and its leadership team have taken steps in that direction, meeting with members across the country and pushing for improv

Dr. Cheryl Travis-Johnson, the executive vice president and chief operating officer of VRM Mortgage Services, died last week, according to the company. Travis-Johnson, an industry veteran with over 30 years of service, joined VRM in 2008 and helped to position the company as a “trusted and innovativ

The federal government shutdown is set to reach one month on Saturday, and the impacts are being felt by many Americans, including seniors who are struggling to access food, health care and a variety of support services. An article published last week by national senior advocacy group AARP highlight

The Salty Donut isn’t worth its salt, if you ask the confectionary’s lender.  City National Bank of Florida sued the Miami-based donut maker, claiming it defaulted on a $4.8 million loan issued in October 2021, according to a lawsuit filed in August in Miami-Dade County Circuit Court.  The Salty Don

Before you snowbirds head south for the winter, a little home prep can go a long way. A few smart utility adjustments and preventive maintenance tasks can save money and prevent headaches like frozen gutters or burst pipes, while keeping your home safe and energy-efficient. So before you lock up to

Caitlyn Jenner made a surprise return to the Kardashians' on-air universe this week, when she reunited with her former spouse, Kris Jenner, and their children as they said goodbye to the iconic California mansion where they spent years filming their hit reality show. Kris, 69, who listed the Hidden

Top-producing mortgage originator Chris Planto has rejoined Rate as vice president of mortgage lending in the Houston market. Planto returns to Rate from CrossCountry Mortgage, where he most recently served as a senior loan officer. “We are absolutely thrilled to welcome back Chris Planto to our Rat

While replicating Hollywood legend Mark Wahlberg's incredible on-screen career might be an impossible task, wealthy homebuyers now have an opportunity to enjoy a taste of his very luxurious lifestyle—but it's going to cost more than a pretty penny. That slice of the high-life comes in the form of a

Multichannel mortgage lender Newrez continued to contribute positively to parent company Rithm Capital’s earnings in the third quarter of 2025, during which the company closed an agreement with Wells Fargo in the private-label securities (PLS) space. In the third quarter, Newrez posted pretax income

Mortgage rates pulled back Thursday to their lowest level in over a year, a day after the Federal Reserve cut interest rates for the second time this year as the government shutdown neared the one-month mark and major companies announced mass layoffs.  The average rate on 30-year fixed home loans fe

The Mercedes-AMG CLE 53 Coupe. Photo courtesy of Mercedes-Benz Dr Jekyll, meet Mr Hyde. Both coexist nicely in Mercedes’ feisty new AMG-tuned CLE 53 Coupe. The genteel Mr Hyde persona comes out in the CLE’s hushed refinement, its creamy-smooth delivery of all 443 galloping ponies, and the serene man