"May 2026" Archives

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MRED cuts Zillow access to Chicagoland listing feed

Midwest Real Estate Data (MRED) has suspended listing data feeds to Zillow Group after the portal allegedly refused to cure what the MLS calls a “material breach” of its license agreements, the company announced Wednesday. The suspension means Zillow no longer has access to MRED’s licensed listing data for display on consumer sites including Zillow.com…

How much higher can mortgage rates go?

What a crazy few days for the 10-year yield and mortgage rates. As soon as the 10-year yield broke the key technical level of around 4.46% and it was apparent that we weren’t getting a ceasefire deal with Iran anytime soon, the 10-year yield went from 4.42% last Thursday to a high of 4.68% yesterday….

Maryland overrides municipal zoning on transit development

Maryland’s legislative and executive branches are about to tell cities and counties what they can – and cannot – do with parcels of land sitting next to their rail stations. Gov. Wes Moore is expected to sign the Maryland Transit and Housing Opportunity Act, a bill that overrides local zoning rules near rail transit. It…

Mortgage applications fall 2.3% as rates hit upper sixes

Mortgage applications fell last week as rising Treasury yields pushed mortgage rates to their highest level in nearly two months, dampening demand for home purchases, according to data released Wednesday by the Mortgage Bankers Association. Total application volume decreased 2.3% on a seasonally adjusted basis for the week ending May 15. On an unadjusted basis,…