by Jesse Williams | Oct 21, 2022 | 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. Mortgage rates have been mostly increasing in the past weeks and the week of October 16 was no different. We reported this week...
by Jesse Williams | Oct 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The housing market continued to cool in September, though rebalancing from monumental appreciation is producing vastly different conditions depending on region and metro, according to a new report from Zillow released this week. Zillow’s September Market Report...
by Jesse Williams | Oct 20, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Annualized existing-home sales continue to fall, with last month heralding a slower autumn season as the housing market appears headed for some period of hibernation—though whether that time is short or extended remains unclear. Existing-home sales fell 1.5%—a bigger...
by Jesse Williams | Oct 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage rates continued toward the 7% mark this week, but slowing it’s upward trajectory with just a slight rise from the previous week. The 30-year fixed-rate mortgage (FRM) averaged 6.94%, up from 6.92% the previous week, according to the latest Primary Mortgage...
by Jesse Williams | Oct 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Rising mortgage rates and a shortage of newly built single-family homes have made the dream of owning a small, affordable home unattainable for renters who would like to make the move to homeownership. After the latest mortgage rate hike, renters in 46 of the 50...
by Jesse Williams | Oct 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Profit margins on median-priced single-family home and condo sales decreased to 54.6% as home prices declined for the first time in almost three years, according to a new report from ATTOM released this week. ATTOM’s third-quarter 2022 U.S. Home Sales Report found...