by | Jul 12, 2024 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier |
Despite recent scrutiny, the California Association of REALTORS® (CAR) has shown a willingness to take feedback and adapt ahead of fast-approaching policy changes slated to hit the industry. CAR officials announced Wednesday that 30 new and revised forms were released...
by | Jul 12, 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. As of July 11, 2024, the average 30-year mortgage rate is 6.89% (down from 6.95% the previous week). The 15-year rate...
by | Jul 12, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, a rising tide of higher mortgage rates has reshaped the landscape and, notably, is creating a shrinking pool of homeowners with mortgage...
by | Jul 11, 2024 | Industry News, Latest News, National, News, Premier |
During the first half of 2024, 177,431 properties in the U.S. had foreclosure filings, according to the Mid-Year 2024 U.S. Foreclosure Market Report from ATTOM Data. This figure represents one in every 794 housing units in the United States. These rates are down 4.4%...
by | Jul 11, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
While some markets may be starting to see a slight easing in home prices, housing affordability remains a consistent challenge for many markets nationwide. To address the challenge, state and local governments have adopted policies and programs to help alleviate...
by Beth McGuire | Jul 11, 2024 | Industry News, Latest News, National, News, Premier |
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year fixed rate mortgage followed suit, dropping from 6.95% last week to 6.89% this week, according to the latest Primary Mortgage Market Survey®...