by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Up-and-coming tech-focused brokerage Fathom is still red hot after reporting huge revenue growth in its Q1 earnings report on Wednesday, crushing projections by almost 15% at $90.1 million while continuing to add agents and build market share. With over 9,000 agents...
by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) averaged 5.27% this week, marking another increase from last week’s average of 5.10%, according to the Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday. Key findings: 30-year fixed-rate mortgage averaged...
by Jesse Williams | May 5, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
As the mortgage industry undergoes significant changes, a massive shakeup is on the horizon as software and analytics company, Black Knight, Inc., is slated for new ownership. Intercontinental Exchange Inc. (ICE), a global provider of data, technology and market...
by | May 4, 2022 | Brokers, Industry News, Latest News, National, News, Premier |
With little surprise, the Federal Reserve announced a larger rate hike Wednesday following their two-day meeting this week, accelerating the central bank’s efforts to curb rampant inflation and pull back from pandemic relief efforts. The 50-basis point increase is the...
by Jesse Williams | May 4, 2022 | Agents, Best Practices, Brokers, Consumer, Latest News, Lead Story, Marketing, National, News, Premier, Teams |
At a macro level, 2022 has been a year of ups and downs for the U.S. economy. Supply chain issues are still prevalent. Inflation continues to rise, although some experts suggest it may have peaked. Thirty-year mortgage rates topped a 5% average. Loan applications have...
by Jesse Williams | May 4, 2022 | Agents, Brokers, Latest News, National, News, Premier, Teams, Technology |
Virtually-focused brokerage giant eXp, which has seen significant growth and attention over the course of the pandemic, started off 2022 strong with strong growth in both agents and revenue, bringing in $1 billion during the first quarter and seeing its agent count...