by Jesse Williams | Dec 27, 2021 | Industry News, Latest News, National, News |
The Mortgage Bankers Association (MBA) recently released its economic and mortgage market forecasts for year-end 2021 and for 2022. Here’s what the organization predicts. For year-end 2021: Purchase originations will rise to $1.61 trillion, eclipsing the...
by Jesse Williams | Dec 27, 2021 | Industry News, Latest News, National, News |
The Federal Housing Finance Agency (FHFA) recently released its third quarter 2021 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac completed 180,566 foreclosure prevention actions during the quarter, raising the total...
by Jesse Williams | Dec 27, 2021 | Industry News, Latest News, National, News |
The 30-year fixed-rate mortgage (FRM) averaged 3.05% for the week ending Dec. 23, according to the latest data from Freddie Mac. Mortgage details: The 30-year fixed-rate mortgage averaged 3.05% with an average 0.7 point f, down from last week when it averaged 3.12%....
by Jesse Williams | Dec 27, 2021 | Industry News, Latest News, National, News |
Florida’s housing market reported more closed sales, higher median prices, more pending sales and continuing tight inventory levels in November compared to a year ago, according to Florida REALTORS® latest housing data. Closed sales of single-family homes...
by Jesse Williams | Dec 27, 2021 | Agents, Best Practices, Brokers, Coaching, Industry News, Latest News, Lead Story, News, Teams |
Rising home prices can mean higher commissions for real estate professionals, a low inventory housing market means that competition will be fierce. It is likely that you will have to compete against other real estate professionals to be a particular property’s listing...