by Jesse Williams | Sep 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
If you’ve followed the rollercoaster ride that the mortgage industry has been going through, then you’ve probably acquainted yourself with the plight of Better.com. The online mortgage lender has struggled with the shrinking market, but it has also had to...
by Jesse Williams | Sep 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Adjustable-rate mortgages (ARMs), an attractive option for borrowers on account of their low initial interest rates, are becoming more popular as home prices continue to rise. The share of applications for ARMs increased to 12.6% in June, marking the first time that...
by Jesse Williams | Sep 1, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The 30-year fixed-rate mortgage (FRM) rose again this week, averaging 5.66%, up from last week’s 5.55%, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac. Key findings: 30-year fixed-rate mortgage averaged 5.66% with an average 0.8 point...
by Jesse Williams | Sep 1, 2022 | Agents, Brokers, Coaching, Industry News, Latest News, National, News, Teams |
Market changes are not new to the real estate industry. We have seen many different markets just in the past 25 years. Agents that have been licensed more than 5, 10, 15 or even 25-plus years can confidently say they have seen all kinds of market conditions and will...
by Jesse Williams | Aug 31, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Compass said it would be making some cutbacks, and the New York-based brokerage firm is making good on that promise as it has axed a crucial cog in its business model. The “tech-enabled brokerage” recently announced that it fired Chief Technology Officer...
by Jesse Williams | Aug 31, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
After several years of a robust seller’s market throughout the pandemic, buyers are now regaining some bargaining power, according to a new survey from realtor.com®. The survey, which questioned 449 people who sold their homes in the past 12 months, found that the...