by | Mar 20, 2024 | Economy, Industry News, Latest News, National, News |
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer. Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of...
by | Mar 19, 2024 | Consumer, Industry News, Latest News, National, News |
Above, Guaranteed Rate Senior Production Manager Mike Dye While the mortgage industry has traditionally focused on lenders’ needs and priorities, Guaranteed Rate has flipped the script by putting the interests of customers first. “In the age of Amazon, society has...
by | Mar 19, 2024 | Industry News, Latest News, National, News |
RE/MAX, which has pivoted to new leadership with a focus on recruitment in Q1 2024, has published its latest national housing report, chronicling the state of the U.S. real estate market up to February 2024. The report surveys and compares 50 large metropolitan areas...
by | Mar 19, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
The National Association of REALTORS® (NAR), in choosing to settle commission lawsuits filed by sellers that have dogged the industry for five years (along with the cascade of copycats added over the past six months), framed the decision as being an effort to “protect...
by | Mar 19, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
With the addition of a $418 million payment by the National Association of REALTORS® (NAR) agreed to last week, the industry has now agreed to pay out a total of $626 million to settle commission lawsuits filed by recent homesellers, who successfully argued to a jury...
by | Mar 19, 2024 | Agents, Brokers, Industry News, Latest News, National, News |
New-home construction bounced back sharply in February due in part to slightly more favorable mortgage rates and a dearth of existing houses for sale. Housing starts rose 10.7% in February to an annual rate of 1.52 million, beating estimates of a 1.5 million increase,...