Pending home sales rise again as buyers capitalize on more inventory

Despite rising mortgage rates through much of 2024, recent indications show growing boldness among homebuyers heading into the new year. A report released Monday by the National Association of Realtors (NAR) showed an increase in pending home sales for the fourth consecutive month. NAR’s Pending Hom

Refinance activity is up 27%, but higher mortgage rates have pumped the brakes

Refinance volume is only a fraction of what it was three years ago when mortgage rates plummeted to historic lows, but borrowers have returned in greater numbers this year.Recent data from CoreLogic shows that $347 billion in refinances were originated during the first 10 months of 2024. That’s up 2

The biggest reverse mortgage opportunities in 2025

While 2024 was rife with challenges for the mortgage industry broadly — across forward and reverse — a new year brings a new mindset. Some challenges remain, with mortgage rates being chief among them. Education and distribution can also likely be improved. But there are also new opportunities for t