Shares of Better Home & Finance Holding, the parent of digital lender Better.com, collapsed during its debut on Nasdaq Thursday. The company went public after merging with the special purpose acquisition company (SPAC) Aurora Acquisition Corp. the prior day.Better’s class A common stock, listed unde

Strong consumption data combined with slowing inflation points to a “soft landing” for the economy, Fannie Mae‘s Economic and Strategic Research (ESR) Group said Thursday. But the government sponsored enterprise still expects a recession next year.“In order to achieve a soft landing, economic growth

Soaring mortgage rates are taking a major chunk out of homebuyers’ budgets, according to a new report from Redfin.A homebuyer on a $3,000 monthly budget, for example, could afford a $429,000 home with a 7.4% mortgage rate, using rate data from August 23. That buyer lost $71,000 in purchasing power c

As the frequency and severity of extreme weather events continue to rise, it’s more critical than ever that owners develop proactive, resilient emergency strategies.

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. For many, the

Collaboration across stakeholders in housing fosters creativity, bold ideas and momentum to bring them to scale.

Now that Covid has reordered priorities for those able to work offsite, developers of luxury residential buildings are placing greater emphasis on high-end coworking spaces blending form and function.

Rapattoni, the multiple listings service software provider that was crippled in a cyber attack earlier this month, is back online in multiple markets. Service is expected to be restored to all of Rapattoni’s clients by the end of the day, sources told HousingWire. The outage, which has disrupted age

Builders are taking advantage of the housing market inventory issues, which is why new home sales are growing yearly, even with higher mortgage rates. Today, the U.S. Census and Department of Housing and Urban Development reported that new home sales grew faster than anticipated as the builders who

The Federal Reserve System this week fined Birmingham, Ala.-based Regions Bank $2.95 million for “unsafe and unsound practices in its flood insurance compliance program and for flood insurance regulatory violations,” according to the Fed.The Board fined Regions “for its failure to effectively monito

There’s no denying that this market will last for longer than a year. It’s time to take control of your business and plan for your future. We caught up with Emily Kettenburg, a seasoned coach with Tom Ferry, at the Tom Ferry Success Summit in Dallas where she shared her insights on the current trend

A coalition of 27 Republican state attorneys general led by Patrick Morrisey of West Virginia was denied the option to join oral arguments against the Consumer Financial Protection Bureau (CFPB) by the U.S. Supreme Court in a case that will decide the constitutionality of its funding source, and whi

Rep. Maxine Waters, the ranking member of the House Committee on Financial Services, is concerned about the Federal Trade Commission settlement agreement that will allow Intercontinental Exchange Inc. (ICE) and  Black Knight to merge.“In addition to potentially creating a housing finance conglomerat

Vlad Stojanovic, formerly of Compass, is joining the Beverly Hills office of Christie’s International Real Estate, the company announced Wednesday. The 15-year industry veteran is known for his connections to the tech and private equity sectors and boasts a track record of noteworthy transactions. O

After a slump in June, the sales pace of new homes picked up month over month in July, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). In July, the sales pace of new homes climbed 4.4% compared to June, reaching a seasonal

New York-based digital lender Better.com  announced Wednesday the closing of its business combination with the special purpose acquisition company (SPAC) Aurora Acquisition Corp,, ending a two-year journey to make the business public. Better HoldCo, Inc. and Aurora are creating Better Home & Finance

Find out how the San Diego housing market is doing in 2023 and if there are any signs of a potential crash.

Foreclosure inventory hit a 15-month low in July representing the continued strength of mortgage performance.Loans in active foreclosure fell to 220,000 – the fewest since just after the end of federal foreclosure moratoria – and were down 63,000 or 22% from February 2020, prior to the pandemic, acc