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Mortgage Rates Take a Mild Tumble

Mortgage Rates Take a Mild Tumble

by Phil Hall | Jul 2, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. A year ago at this time, it averaged 6.67%. The...
Compass Unveils Home Platform for Company-Owned Brokerage Brands

Compass Unveils Home Platform for Company-Owned Brokerage Brands

by Phil Hall | Jul 2, 2026 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Compass International Holdings (NYSE: COMP) has unveiled Home Platform, a proprietary end-to-end AI-powered technology platform for real estate professionals that is being made available across the company-owned brokerage brands. According to the company, Home...

Jewish Toronto Real Estate Broker Assaulted in Hate Crime Incident

by Phil Hall | Jul 2, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A Jewish real estate broker in Toronto was assaulted in an attack that police have classified as a hate crime. Joseph Bitton with Real Broker Ontario Ltd. said the attack happened on Tuesday while he was at a client’s commercial property. “I am visibly Jewish and the...
Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company

Mike Kortas Launches evoLend as Start-Up Mortgage Servicing Company

by Phil Hall | Jul 2, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mike Kortas, founder and CEO of the mortgage lender NEXA, has announced the launch of evoLend, a mortgage servicing company. The new company is being promoted with the pledge “to put loan officers back in control of the borrower relationship after closing.” Unlike...
Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million

Deed Theft Fraudster Convicted of Stealing 2 Harlem Brownstones Worth Nearly $5 Million

by Phil Hall | Jul 2, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A New York man who used deed theft to take over two Harlem brownstones with a combined value of $4.7 million was convicted after a seven-week trial. Joseph Makhani was found guilty of two counts of Criminal Possession of Stolen Property in the First Degree and one...
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