by Liz Ruggiero | May 11, 2023 | Agents, Brokers, Latest News, National, News, Premier, Teams |
In line with housing market challenges and persistently high mortgage rates, United Wholesale Mortgage (UWM) reported a net loss of $138.6 million in Q1 2023. Despite this, executives still have a positive outlook on the quarter and for the rest of the year. “The...
by Liz Ruggiero | May 11, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.35%, this week, down just a hair from 6.39% last week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac released Thursday. This week’s numbers: 30-year fixed-rate mortgage averaged 6.35%...
by Liz Ruggiero | May 9, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Nearly seven out of 10 metro markets registered home price gains in Q1 2023, despite mortgage rates still remaining at a high of 6.1% – 6.7%, according to a new report from the National Association of REALTORS® (NAR). NAR’s latest metro area index for Q1 2023...
by Liz Ruggiero | May 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The amount of equity-rich homes decreased slightly from 48% in Q4 2022 to 47.2% in Q1 2023, marked the second straight quarterly decline, according to a new report from ATTOM. ATTOM’s Home Equity & Underwater Report for Q1 2023 found that 3% of mortgaged homes, or...
by Liz Ruggiero | May 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
HUNT Real Estate has announced that effective immediately, Charles F. Hunt has been promoted to president, residential brokerage and chief operating officer for the company. The residential brokerage consists of 60 residential branch offices throughout New York State,...