by | Jun 10, 2024 | Economy, Industry News, Latest News, Lead Story, National, News, Premier |
Rising closing costs are adding to homebuyersā affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage ājunk feesā that are...
by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editorās Note: The Mortgage Mix is RISMediaās weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. As reported by Freddie Mac, mortgage rates have āpulled back.ā After being above 7% the final week of May, the first...
by | Jun 7, 2024 | Industry News, Latest News, National, News, Premier |
In CoreLogicās latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year-over-year, representing a collective gain of $1.5...
by | Jun 7, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics.Ā The unemployment rate saw little change at 4% as well as the number of...
by | Jun 7, 2024 | Agents, Best Practices, Brokers, Industry News, Latest News, National, News, Premier |
āPlug-and-play…move-in ready…no assembly required.ā Well, maybe not that last one, but often, prospective homebuyers have little interest in houses not in perfect condition. Or ones that are not exceedingly neat and clean. It can present a problem for...
by | Jun 6, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
The National Association of REALTORSĀ® stated that its post-settlement practice changes āeliminate steering,ā according to a recent update on the organization’s settlement FAQ page that addresses steering concerns. Steering concerns have been present in...