REI INK

PetScreening Unveils The State of Pets in Rental Housing Report

Survey of 1,715 Rental-Housing Professionals Underscores Current Trends and Challenges PetScreening®, which offers the rental housing industry’s first and leading pet policy management software at no charge to property owners and managers, announced it has released The State of Pets in Rental Housing Report, a detailed look at current pet-related trends and challenges in the rental-housing industry. The survey, based upon the feedback of 1,715 property managers and leasing professionals primarily within

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Mortgage Rates Expected to Move Lower in 2025 and 2026

Existing Home Sales Forecast Upgraded Slightly on Lower Rate Outlook Mortgage rates are now expected to end 2025 and 2026 at 6.3 percent and 6.2 percent, respectively, downward revisions of three-tenths for each, according to the March 2025 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group. The lower mortgage rate outlook resulted in a small upward revision to the ESR Group’s existing home sales outlook in 2025, though expectations for

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HOME-OWNERSHIP REMAINS FINANCIAL STRETCH AROUND U.S. AS PRICES REMAIN NEAR RECORD HIGH

Major Home-Ownership Expenses Continue to Consume One-Third of National Average Wage; Portion Holds Steady as Median U.S. Home Price Dips Slightly During Slow Winter Period; Historical Affordability Also Stays Close to Low Point Over Past Decade ATTOM, a leading curator of land, property data, and real estate analytics, released its first-quarter 2025 U.S. Home Affordability Report showing that median-priced single-family homes and condos remain less affordable in the first quarter of 2025

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Toorak Connect Achieves $5 Billion in Facilitated Loans

— AI Powered Loan Funding Platform Provides Improved and Expanded Data, Resulting in Enhanced Credit Decisioning — — Proprietary Technology Has Eliminated 57,000+ Work Hours Since 2022 — Toorak Capital Partners (“Toorak”), a tech-enabled investment manager of business purpose mortgage loans, announced its AI and machine-learning (ML) powered loan review system Toorak Connect has completed $5 billion in facilitated loans. Toorak Connect provides an enhanced dataset produced through Toorak’s proprietary loan risk scoring model,

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Redfin Reports Near-Record Housing Costs Put a Lid on Pending Sales, Even as Early-Stage Demand Picks Up

House hunters are touring homes and applying for mortgages as rates stay below 7%, but prospective buyers aren’t always following through with a purchase The typical U.S. homebuyer’s monthly housing payment is $2,793, just a few dollars shy of the all-time high, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Housing payments are sky-high because sale prices keep rising and mortgage rates remain high. The median home-sale

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ICE First Look at Mortgage Performance

Mortgage Delinquencies Continue to Slowly Rise with FHA Performance in the Spotlight Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, reports the following “first look” at February 2025 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market. Data as of Feb. 28, 2025Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure):

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