Jumbo mortgages

In November, more loan products were being offered both at the upper and lower ends of the market.

Lenders also increased jumbo product availability as well as rolling out new SOFR-indexed ARMs.

The vibe is pre-COVID San Francisco: Airpods, electric scooters, coffee-shop coworking and cash offers for million-dollar homes.

Uncertainties in the job market drove mortgage credit availability down again, falling to the lowest point since March 2014, according to the Mortgage Bankers Association.

Some of Miami Beach's priciest real estate is now a relative bargain, even in the billionaire enclave of Fisher Island.

The company reported nearly $23 million in losses for the second quarter, but that was an improvement on a quarter-to-quarter basis.

Conditions have improved for the first time since November.

Even with the second quarter's market disruption, Redwood Trust still regained profitability.

The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.

However, those who aren't current bank customers need to have $1 million in a qualifying account.