Mortgage rates are at yearly highs, but housing demand is still positive
Mortgage rates and the 10-year yield both hit yearly highs after the Friday massacre in the bond market, as we didn’t get any positive news on ending the conflict in Iran. Even with all that, our weekly pending home sales data is still positive year over year, for now. The weekly mortgage purchase a
Read MoreMomentum MLS adds Rayse as member benefit

Momentum MLS and Rayse announced a new partnership aimed at improving transparency, communication and client engagement throughout the real estate transaction process. The collaboration will provide Momentum MLS subscribers with access to Rayse as a member benefit, giving agents tools to guide buyer
Read MoreHow loan officers are saving deals as mortgage rates cross 6.6%

Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%. Originators are encouraging borrowers to ask for more seller credits, recalibrate their home search criteria and rush to close deals as quickly as possible. Rates for 30-year fixed mortgages reached
Read MoreArbor Homes’ low-$200s Arrival Series battles the affordability gap

Arbor Homes, a subsidiary of Clayton, is leaning into its Arrival Series to offer entry-level buyers a home in the low $200s, addressing the growing U.S. affordability gap. The Indianapolis-based homebuilder recently introduced the Arrival Series to the Louisville market, with detached homes availa
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