Global equity release market projected to top $56B by 2035

Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion. This class includes reverse mortgage products in the U.S., the United Kingdom and elsewhere, but a European equity release a

Lone Wolf, Follow Up Boss integrate platforms

Real estate software provider Lone Wolf Technologies is launching an integration with Zillow-owned customer relationship management system Follow Up Boss as it aims to connect transaction, marketing and accounting tools in one system. Follow Up Boss will be linked with Lone Wolf’s Foundation platfor

Fed holds rates steady amid inflation concerns, resilient job market

The Federal Reserve held benchmark rates steady in the range of 4.25% to 4.5% following its two-day meeting on Wednesday, a decision with implications for the mortgage industry. The move, expected by virtually all monetary policy watchers, underscores the challenge facing the Federal Reserve — decid

Homebuilders have no motivation to grow permits with 7% rates

Even though new home sales showed growth last month, the homebuilders — both big and small — have no desire to grow housing permits or starts with 7% mortgage rates. Housing starts and permits peaked in 2022 and have been fluctuating at levels similar to the early stages of the COVID-19 recession fo