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New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

by Phil Hall | Jul 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s (FHFA) recent mortgage rule that changed to the Loan-Level Price Adjustment (LLPA), which many critics...
New Platform Helps Farmers Gather Data for Ag Land Purchases

New Platform Helps Farmers Gather Data for Ag Land Purchases

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Farmers Business Network Inc., an agtech platform and farmer-to-farmer network headquartered in San Carlos, California, has introduced AcreVision, a platform designed to provide farmers with property information when making land purchases. According to the company,...
Mortgage Rates Rise to Just Under 7%

Mortgage Rates Rise to Just Under 7%

by Phil Hall | Jul 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to rise and nearly hit the dreaded 7% mark, according to Freddie Mac’s (OTCQB:FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.96% as of July 13, up from last week when it averaged 6.81%. A year ago at...
Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant

Ex-CEO Mark Willis Returns to Keller Williams as Strategic Consultant

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Keller Williams (KW) announced former CEO Mark Willis is returning to the Austin-headquartered company as a strategic consultant. Willis served as president of KW from 2002 to 2005 and as CEO from 2005 to 2015. While he continued to own KW franchises, Willis’...
HGTV’s Latest Show: Male Strippers Doing Home Renovations

HGTV’s Latest Show: Male Strippers Doing Home Renovations

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Is HGTV running out of ideas for new programming, or have they tapped into a formula that personifies genius? Whatever the case, the cable network’s new “Flip the Strip” premiered on July 10 with the unlikeliest stars in the spotlight. The headliners for the Las...
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