Ivy Zelman warns of overbuilding as household growth slows

HGTV star Charlie Kawas has shared that he is “officially in remission” after receiving treatment for testicular cancer. “It’s been a long journey!” the “Botched Homes” host, 44, wrote in a spirited Instagram post on Sept. 23. “It wasn’t easy, I fought through it, and did what I had to do.” The general contractor and…

Reverse mortgage provider Heartland Bank has lowered its advertised interest rates for new customers, defying the Reserve Bank of Australia’s (RBA) February cash rate increase. New applicants for Heartland Bank’s reverse mortgage products will realise lower rates while existing customers will see rates unchanged despite the central bank’s 25 basis point hike. The bank, which…

Fund review: SBI ELSS Tax Saver Fund

Westpac has confirmed it will increase variable home loan rates by 25 basis points, in line with the Reserve Bank of Australia’s (RBA) latest cash rate hike. The big four bank announced its intent to pass the hike on shortly after the RBA board announced its decision on Tuesday afternoon. The bank’s variable rate home…

Foreclosures continued to tick up last month, and foreclosure rates are highest in Nevada, South Carolina, and Florida. Although foreclosures remain below 2019 levels, July’s foreclosure count of 39,906 properties was up 1% from June and 10% from a year ago, according to the latest U.S. Foreclosure Market Report from real estate analytics firm ATTOM….

When the third quarter is over at the end of the month, it is likely agency mortgage-backed securities issuance volume will not reach either BTIG and consensus expectations, a new report said. As borrowers shift toward home equity products, originators focused on HELOC and non-QM securitizations have a distinct competitive edge.  Processing Content “If we…