by Jesse Williams | Jun 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After little movement over the last couple of weeks, mortgage rates are on the rise again. According to the latest results of its Primary Mortgage Market Survey (PMMS®) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 5.23%, up from 5.09% the week...
by Jesse Williams | Jun 9, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 32.2% year over year, representing a collective equity gain of $3.8 trillion, and an average gain of $63,600 per borrower, since the first quarter of...
by Jesse Williams | Jun 9, 2022 | Agents, Brokers, Industry News, Latest News, News, Premier, Teams |
A new report by Clever Real Estate of about 1,000 homeowners shows that 66% of homebuyers don’t think iBuyers yield higher sale prices than traditional sales, with only 34% think iBuyers will yield more money. Key findings: A majority of American homeowners...
by Jesse Williams | Jun 8, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Since it was announced in May, the Biden administration’s roadmap to address urgent housing needs has generated relatively little buzz. While it was mostly applauded by the construction, mortgage and real estate industries for prioritizing supply and affordability...
by Jesse Williams | Jun 8, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 6.5% from one week earlier, according to the latest data from the Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending June 3, 2022, released Wednesday. This week’s results include an...
by Jesse Williams | Jun 8, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Teams |
The National Association of REALTORS® has announced that it recently earned the Green Business Bureau’s platinum certification for sustainability, the highest level awarded, in its first year of application. Only one out of every five companies that apply meet the...