by Liz Ruggiero | Jun 9, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
–Mortgage rates dropped slightly after a sharp rise at the end of May, according to the latest report from Freddie Mac. Falling eight basis points from a six-month high to 6.71%, homebuyers are still feeling the affordability squeeze, with another Fed meeting on...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Any tools that help real estate agents free up time to focus on client relationships is usually a win-win. Enter Artificial Intelligence, or AI, into the chat. With AI-powered tools like ChatGPT, agents can automate their email marketing, quickly write property...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
There just aren’t enough homes—and the homes that are available are becoming increasingly unaffordable. That has been the refrain from consumers, advocates and real estate professionals at least since the pandemic, and in many regions, going back years earlier. Now,...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After three weeks of hikes, mortgage rates did an about-face this week. According to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac, the 30-year fixed-rate mortgage (FRM) averaged 6.71% this week, down from 6.79% the previous week. This week’s...
by Liz Ruggiero | Jun 8, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Despite the fluctuating housing market this past year, confidence levels remain high with 44% of potential homebuyers, up 12% from the previous year, indicating they are confident they’ll be financially ready to purchase in the coming year, according to a new report...
by Aidan Whalen | Jun 7, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
A late run-up in mortgage rates and an ugly standoff in Washington D.C. appear to have spooked the real estate industry as RISMedia’s Broker Confidence Index (BCI) skidded in May, falling to its lowest reading of the year. As mortgage rates simultaneously reached a...