Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank’s mortgage trading desk, the parties announced on Tuesday. Pylon, founded in 2022, has Peter Thiel, the co-founder and former CEO of PayPal,

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750, respectively, the agency announced Tuesday.The new FHA loan limits apply to forward mortgages for a one-unit property and take effect on Jan. 1, according to the publi

The limit for federally backed reverse mortgages is increasing for the ninth consecutive year. The Federal Housing Administration (FHA) announced on Tuesday via Mortgagee Letter (ML) 2024-22 a maximum claim amount of $1,209,750 in 2025. That’s up $59,925 from the current limit of $1,149,825 for Home

To better accommodate their needs as they age, baby boomer homeowners will likely need to renovate their homes to more easily accomplish goals related to aging in place and living in a safer, more comfortable dwelling. This is according to housing experts Jonathan and Drew Scott in a conversation wi

The mortgage rate increases of the past two months continued this week even as the pace of increases showed more signs of slowing. But rates have also crossed the 7% threshold once again, which could represent a mental hurdle for home shoppers.According to data at HousingWire’s Mortgage Rates Center

Did today’s new home sales report really show an epic crash in sales? New home sales reports can be quite volatile from month to month. When I notice a significant increase or decrease compared to estimates, I often suspect that revisions will be made or that a one-time event may have influenced the

The taste of victory was short lived for RE/MAX, Keller Williams and Anywhere. After successfully getting the Batton 1 homebuyer commission lawsuit stayed in October as a result of the defendants having been granted final approval of their home seller commission lawsuit settlements, the three nation

The Federal Housing Finance Agency (FHFA) on Monday unveiled its three-year plan for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to improve housing opportunities in underserved areas.Key pillars of the plans include bolstering access in rural communities, looking to manufa

On this week’s episode of the RealTrending podcast, host Tracey Velt sits down with HousingWire Lead Analyst Logan Mohtashami to discuss his 2025 housing market forecast, interest rates, the potential impacts of Donald Trump’s tariffs and the possibility of a trade war.This interview has been edited

In a recent episode of “The Loan Officer Podcast,” co-hosts Dustin Owen and John Coleman explore upcoming trends and shifts in the mortgage and housing markets following the 2024 election. Their conversation dives into new trade policies, tariffs, constructions costs, labor and more.These questions

With relentlessly high mortgage rates and stubbornly high home prices, the mortgage payment on the median priced home in the U.S. is now back up above the 2023 and 2024 levels for the first time since August. Affordability is getting worse for homebuyers this fall. That does not bode well for home s

Life after the 2008 financial crisis hasn’t been kind to the appraisal industry. Stagnant pay and increasingly shorter turnaround times have prompted tens of thousands to leave the profession, and the presence of appraisal management companies (AMCs) has rankled industry veterans.The tension between

Ginnie Mae on Monday released a final term sheet for its new, complementary Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program referred to as “HMBS 2.0.”Ginnie Mae has been developing the final term sheet in consultation with reverse mortgage industry stakeholders and comments s

After spending their entire career in the “accumulation” phase of wealth building, retirees who then have to transition into the “decumulation” phase — spending down their assets with no additional employment income — is a source of stress for nearly half of American retirees. This is according to a

Ever since president-elect Donald Trump announced his appointment of onetime Republican presidential candidate Vivek Ramaswamy and Tesla CEO Elon Musk to co-lead a new “Department of Government Efficiency,“ housing agencies have been on edge.The soon-to-be-created department is ironically referred t

There’s nothing quite like an 11th-hour twist. On Sunday evening, less than 48 hours before the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is set to head for final approval, the Department of Justice (DOJ) filed its long-awaited statement of interest in the Sitze

U.S. single-family rental properties posted rent-price growth of 2% during the year ending in September 2024, according to a recent CoreLogic report. That’s down from annual growth of 2.4% in August.The property data and solutions company reported that the year-over-year gain was well below the pre-

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. I figured those increases would produce the same weakness in purc

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Chad Smith, president and chief operating officer at Better. The duo discuss Smith’s decision to join Better, the company’s new platform and AI loan assistant, and its growth strategies going into 2