Six percent is considered by many to be the rate that will awaken the market from its current doldrums.
The Mr. Cooper acquisition is expected to close in the fourth quarter of 2025
Fixer-uppers remain an entry point for stretched buyers, even as they lose luster as an easy profit play for seasoned investors.
But unlike its competitor, Pennymac also hiked its ceiling in Alaska and Hawaii to $1,228,500.
Last week UWM said it will honor $819,000 as the new limit on one-unit conventional and VA loans
The firm manages more than $7 billion in loans and operates a top-three non-agency securitization platform
Plaintiff accepts Cornerstone’s eleventh-hour request; ‘walk-away’ settlement ends nearly three-year legal battle
Compass purchases Anywhere Real Estate in $1.6B deal, expected to close in the second half of 2026