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A federal appeals court in Boston rejected HUD's request to lift an order blocking the department from stripping approved grant funding from fair housing nonprofits nationwide. The lower court put the hold in place in late August. na2.hubs.ly/H08DcXh0
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About $757 billion in multifamily loans are set to mature through 2028, according to the Mortgage Bankers Association. Developers who borrowed at around 3% are now seeing rates of 5.5% or higher, depending on the loan type. na2.hubs.ly/H08Dc1s0
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Replying to @FitchRatings
@FitchRatings doesn't expect a refinance rally to help nonbank lenders in 2027. Fannie Mae forecasts just $430 billion in refinances that year, with 30-year rates of 7.5% through the end of 2027. na2.hubs.ly/H08CP4H0
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Replying to @UWMlending
@uwmlending has created a chief investment officer role and named Vandad "Vandy" Fartaj to it. Nicole Beattie has returned to Rocket Mortgage as chief servicing officer. na2.hubs.ly/H08Cr7Q0
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Monthly costs on a median-priced home would have topped 43% of typical wages in more than 3 in 10 counties during the third quarter, according to @Attomdata. Those costs exceeded historical norms in 570 of 583 counties. na2.hubs.ly/H08zXkX0
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The 30-year mortgage rate averaged 7.32% for the week ending Oct. 22, down from 7.4% in the prior period, according to Freddie Mac. The drop is the first in almost two months. na2.hubs.ly/H08zWp60
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Replying to @JLL
@JLL forecasts North American construction costs will rise 3.2% to 4.2% in 2027. Material costs, U.S. trade policies and labor shortages are the main pressures in the region, the firm wrote in a new report. na2.hubs.ly/H08zdqL0
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The share of small investors actively buying homes hit a 15-year high in the first half of 2026, @realtordotcom reported. Investors with fewer than 10 properties made 66% of investor purchases. na2.hubs.ly/H08zcrp0
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Replying to @rcn_capital
@rcn_capital's investor sentiment index rose five points to 89 in the third quarter, up from record lows in the spring and summer. Readings below 100 indicate pessimism. Investors voiced particular alarm about more Fed rate hikes. na2.hubs.ly/H08ySQJ0
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Everyone who makes Top Emerging Stars or Top Workplaces gets a free marketing kit: press release templates, social copy, banners and an email signature graphic. Nominations close Nov. 3. na2.hubs.ly/H08z3hD0
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Mortgage applications fell for a seventh straight week through Oct. 16, the @MBAMortgage reported, even as average 30-year fixed rates eased to 7.41% from 7.5%. The purchase index ran 18% below last year's pace. na2.hubs.ly/H08yLpb0
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Pending home sales fell more than 7% in September from August and more than 11% from a year earlier, NAR said. Average 30-year mortgage rates rose from 6.8% to nearly 7.5% during September, according to MBA data. scotsmanguide.com/news/pendi…
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Single-family housing starts fell 4% in September from August, the Census Bureau reported. Completions of new single-family homes are down 10.8% year to date, and permits hit their slowest pace of the year. scotsmanguide.com/news/singl…
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Office vacancy was 19.8% in the third quarter, down 30 basis points from a year earlier, @CushWake reports. New office deliveries totaled 7.1 million square feet through three quarters, the lowest such total in more than 30 years. scotsmanguide.com/news/offic…
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Scotsman Guide obtained a draft White House order on mortgage costs. Not official yet: it proposes cutting LLPAs and waiving appraisals on some refis, and would direct USDA and VA to lower rates. It could still change or never be issued. scotsmanguide.com/news/trump…
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Tappable equity has topped $13 trillion for the first time since tracking began in 2005, Odeta Kushi of @FirstAm told Scotsman Guide. She said 80% of it is rate-locked, with mortgage rates below the prevailing rate. na2.hubs.ly/H08wGKz0
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Scotsman Guide retweeted
Total housing starts in the U.S. fell 5.2% in September to an annual rate of 1.221 million, 7.4% below Sept. 2025. Single-family home starts were down 4.6% to an annual rate of 859,000. Single-family permits also fell. #housing #realestate
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Bank servicers beat nonbanks on digital servicing in a @JDPower survey, with website averages of 740 and 704. Chase led bank servicers on mobile apps at 760 and Rocket Mortgage led nonbanks at 719. na2.hubs.ly/H08w8GV0
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Buying a home cost $771 a month more than renting one in September, per @Zillow. Rental demand rose 19.2% from a year earlier, and single-family rental demand jumped 21.6%. na2.hubs.ly/H08w4KW0
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