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...
by Jesse Williams | Oct 19, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Teams |
Amid the sea of litigation that has transpired within the real estate industry, one case marred with controversy has come to an end. Compass and Anywhere, the real estate holding company formerly known as Realogy, decided to end their three-year legal feud after the...
by Jesse Williams | Oct 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Refinancing activity has dropped dramatically among rising interest rates, with Bankrate reporting the national 30-year refinance rate at 7.07% on Oct. 17. However, homeowners have begun seeking alternate options to refinance. According to a new report from CoreLogic,...
by Jesse Williams | Oct 19, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications continued their decline last week, hitting their lowest level of activity in 25 years, according to the Mortgage Bankers Association (MBA). This week new loan activity slid 4.5% from one week earlier, according to MBA’s latest Weekly Mortgage...