All Posts in "Real Estate News" Category

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Pending home sales tank in July, but the slump is likely short lived

Mortgage rates are finally dropping, but pending home sales fell even further into the toilet in July. That’s according to the July pending home sales index from the National Association of Realtors. On an annual basis, the index fell by 8.5% to the second lowest seasonally adjusted rate in the data’s history, topping only April…

Harris makes housing affordability a key campaign issue

Vice President Kamala Harris, now officially the Democratic Party nominee for the President of the United States, is hitting the campaign trail with housing affordability as a central theme. “There’s a serious housing shortage,” Harris said at an event in battleground state of North Carolina, according to a CBS News reporter’s posting. “In many places,…

AI Demo Day: ChatUWM

ChatUWM ChatUWM is an AI-powered smart search designed to support independent mortgage brokers by providing instant responses on a range of topics including guidelines, matrices, summaries of UWM’s tools and technology and more.  Product Fast Facts #1 ChatUWM uses generative AI technology to comprehend user prompts, process their meanings and generate accurate responses to their…