RI Real Estate News & Market Updates

The Changing Landscape “This is not a forecast. A forecast is a prediction, the validity of which my ego and I are professionally responsible for. What I offer here is…

(Editor’s note: This is the sixth installment in a weekly series featuring Rhode Island’s oldest companies as the nation approaches the 250th anniversary of the Declaration of Independence. The other…

Former Rocket Pro executive Mike Fawaz, who left the company in February, is launching a new broker platform in May, and he’s partnering with a previous archrival: United Wholesale Mortgage…

When Jesse Allen arrived at Rate in late 2024 to lead its reverse mortgage division, he was immediately tasked with continuing the growth trajectory for the Chicago-based mortgage lending giant….

For decades, mortgage lending has been built around a single objective: to make homeownership affordable. The 30-year fixed-rate mortgage became the dominant structure because it lowers monthly payments, expands borrower…

Securing homeowners’ insurance is reshaping the homebuying process itself. Premiums are rising, carriers are pulling back from entire states and buyers are increasingly discovering, sometimes days before closing, that the…

To my shock, housing demand grew noticeably last week, even though the war with Iran continues and mortgage rates are higher today than before the war started. Last week was…

With refinance activity constrained and purchase volume under pressure, lenders are being forced to rethink their sustainable growth plans. The answer is becoming clear: home equity. As millions of homeowners…

Proprietary reverse mortgages have gained a lot of traction over the past year and now account for more industry volume than federally insured Home Equity Conversion Mortgages (HECMs). With the…

The fight over Illinois Gov. J.B. Pritzker’s sweeping housing reform agenda is intensifying as both sides harden their positions. Supporters and detractors by the thousands delivered their opening arguments Thursday…