Although high mortgage rates, elevated home prices and limited housing inventory have crippled the 2023 housing market, the outlook for next year is brighter, according to NAR's chief economist.
Mark Willis, who served as CEO of Keller Williams from 2005 to 2014, is stepping into the role again at a critical time in the industry.
Despite challenges, the forward mortgage book of business in the MMI Fund remains well above the required statutory limit set by Congress.
UWM wants to court more brokers by offering no-cost appraisals on 1-0 temporary rate buydowns amid fierce competition in the industry.