U.S. retirement preparedness is lacking: Morningstar

A new study from Morningstar focused on U.S. retirement readiness illustrates that while there has been some improvement over time, general retirement preparedness is lacking. Using data from the Federal Reserve’s Survey of Consumer Finances, Morningstar researchers analyzed data from 3,442 househol

Higher mortgage rates keep the market subdued even as more sellers list their homes

Mortgage rates continue to rise, serving as a bucket of cold water for lenders and consumers that were warming to lower borrowing costs just a few months ago. According to HousingWire‘s Mortgage Rates Center, the average 30-year conforming rate was 6.61% on Tuesday. That was up 15 basis points (bps)

FHA responds to Helene, Milton by issuing temporary waivers to rehab loan program

The Federal Housing Administration (FHA) this week announced two temporary policy waivers as the response to hurricanes Helene and Milton continues. The FHA’s 203(k) rehabilitation mortgage program currently has a requirement that “when a repair is considered ‘major,’ it becomes ineligible to be fin

Real launches three new products during its agent conference

The Real Brokerage is keeping attendees of RISE, its third annual agent conference, on their toes. From the RISE stage in Las Vegas, Real unveiled three new products for agents and clients on Tuesday. The first product launched is an upgrade to Leo, the AI assistant the firm first debuted during the