by | Aug 5, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Tech, Technology |
As the mortgage industry continues to see signs—lowering mortgage rates and worsening applications—that point to the strong possibility of a Federal Reserve interest rate cut this fall, lenders continue to fight through challenges and work to profit. Rocket Companies...
by | Aug 2, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. – The Federal Reserve announced that they are continuing to keep rates steady and are again making no changes at...
by Beth McGuire | Aug 2, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
In a second quarter earnings call Aug. 1, Anywhere Real Estate reported $30 million in profits for the quarter, reversing a downward trend over the last few quarters to post an $11 million increase from the same period last year. Revenue remained relatively flat YoY,...
by | Aug 2, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent settlements and the impacts on buyer agents and sellers. In the wake of recent settlements, investors asked Opendoor CEO Carrie...
by | Aug 2, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according to the latest data from the Bureau of Labor Statistics. Markets reacted negatively to the news, with all three domestic indices down over 2% at around...
by | Aug 1, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
eXp is seeking to position itself as a safe haven for agents worried about navigating the upcoming changes created by the National Association of REALTORS®’ (NAR) settlement, set to go into effect on Aug. 17, speculating that transitioning will be difficult for...