Take a Closer Look

Brokers play a key role in connecting borrowers to a popular SBA program

Industry Watch: ICE launches mortgage futures contracts, Ally adds three states and more

Homebridge Financial Services unveiled the “Our Community” hub on the company’s website. This resource provides a new level of transparency about Homebridge’s current diversity and inclusion (D&I) internal workforce efforts and measures progress, putting the company among the first in the mortgage industry to create a public-facing resource that shares its D&I journey. Clear Capital […]

March job additions miss projections, but economists have rosy outlook

The national labor market continued its solid progression in March, adding 431,000 nonfarm jobs during the month, according to the U.S. Bureau of Labor Statistics. The addition was smaller than some gains registered during recent months and came in below consensus expectations. Economists polled by Reuters anticipated an increase of 490,000 jobs in March. But […]

Another strong month for multifamily, but rent growth continues to slow

Apartment rent growth has slowed somewhat from the stout pace seen last year, but the multifamily sector nonetheless had another strong month in March, Yardi Matrix reported. Year-over-year rent growth dipped 50 basis points to 14.8% during the month, but average asking rents nationwide still increased $14 monthly, reaching an all-time high of $1,642. Asking […]