by Liz Ruggiero | May 5, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
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. According to Mortgage News Daily, the 30-year fixed-rate mortgage currently sits at 6.45%, a decrease of 0.04% from...
by Liz Ruggiero | May 4, 2023 | Agents, Brokers, Latest News, Lead Story, National, News, Premier, Teams |
In an earnings call on Wednesday, May 3, Ryan Schneider, Anywhere Real Estate president and CEO, put a positive spin on Q1 2023 losses, but while emphasizing that the brokerage giant “charged ahead to make meaningful progress on our strategic priorities,” Wall...
by Liz Ruggiero | May 4, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, down slightly from last week’s bump up to 6.43%, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers 30-year fixed-rate mortgage...
by Aidan Whalen | May 3, 2023 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
After consecutive months of almost no movement, RISMedia’s measure of real estate confidence, the Broker Confidence Index (BCI), jumped this month, powering from 6.4 to 6.9—almost exactly where it was a year ago. Through most of 2023, brokers have remained more than a...
by Aidan Whalen | May 3, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Following its meteoric growth during the pandemic, virtual-focused brokerage eXp managed to grow its agent count in Q1 2023, even with revenue down against the headwinds of a market downturn. With a net income of $1.5 million, the company managed to stay profitable...
by Aidan Whalen | May 3, 2023 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Home-price growth fell to 3.1% in March, the lowest rate of appreciation since the spring of 2012, according to a new report from CoreLogic. CoreLogic’s Home Price Index for March found that while home price growth rose for the 134th consecutive month, it declined...