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Reverse Mortgage Industry News

• Existing home sales outlook improves as mortgage rates stabilize
  Normalized mortgage spreads and steady rates may drive the first real year of home sales growth since 2021.
• Megatel Homes will launch crypto rewards for renters and buyers
  MegPrime’s MP Token will provide renters with up to $25,000 in down payment assistance and mortgage rate rewards.
• Homebuilder confidence dips in January despite easing mortgage rates
  Builder confidence fell to 37 in January as 65% used incentives, profit margins dropped, and new-home prices declined 8%.