HECM, HMBS activity falls sharply in February

Home Equity Conversion Mortgage (HECM) endorsements fell sharply in February, continuing a broader slowdown in the reverse mortgage industry. The total number of HECMs endorsed during the month dropped 20.7% to 1,821 loans. While February’s shorter calendar often results in fewer endorsements, the s

Construction Struggling to Meet Demand as the Housing Supply Gap Widens

Housing construction has faced a plethora of challenges in recent years, as the country falls further behind in the number of homes needed to meet demand. The latest data from Realtor.com® has found these challenges once again widened the “housing supply gap,” with the future looking uncertain witho

Stellar MLS Officially Appoints Shayne Fairley as CEO

Stellar MLS has announced the official appointment of Shayne Fairley, a longtime leader within the organization, as Chief Executive Officer. For more than two decades, Fairley has been a driving force behind the growth and evolution of Stellar MLS. In July 2025, Stellar MLS announced Fairley would b

Mortgage Rates Are Finally Below 6%—Is Now the Right Time To Refinance?

When average mortgage rates trend downward, it usually prompts homeowners to consider refinancing. The 30-year fixed home loans fell to 5.98% on Feb. 26, plunging to their lowest level in more than three years. Many experts believe that in 2026, the downward trend will continue, including the Realto