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Miami Realtors + RWorld champions south Florida internationally

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The newly merged organization is set to promote international buying in south Florida to peers in Spain and Canada.

Capital

Crypto rewards eye renters who want to save for a down payment

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MegPrime launched a rent payment rewards program that returns 2% on any property when paid in MP token, and 10% to 20% at partner communities. About 200,000 units are enrolled, and the company plans a national rollout.

LendingLife

Kevin Warsh confirmed as Fed chair as mortgage lenders look for stability

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The Senate confirmed Kevin Warsh on Wednesday to succeed Jerome Powell as chairman of the Federal Reserve, sparking hopes within the mortgage industry for less volatility as Warsh takes the helm of the central bank.

Policy

With a permit shot clock, Georgia builders gain leverage

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Georgia home builders are set to see faster, more predictable permitting timelines after Gov. Brian Kemp signed legislation into law this week, marking one of the state’s most significant efforts to shred regulatory barriers that choke housing supply. The measure, effective July 1, imposes firm deadlines on local governments reviewing residential development permits and creates […]

LendingLife

Movement’s reverse mortgage leaders on forming better sales strategies

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At a time when some reverse mortgage lenders are struggling to bring new business through the door, Movement Mortgage is an example of a company that’s posting modest growth through organic lead generation and purpose-driven leadership.

Housing Market

Why mortgage purchase apps are holding up even with rising rates

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As inflation runs hotter and the 10-year yield hits a yearly high, improved spreads help keep rates under 6.64% and demand steady.