Real Estate Agent Tools
When is an adjustable-rate mortgage a good idea?
Source: Fortune --- Throughout 2022, mortgage interest rates steadily ticked upward in a march that priced many prospective homebuyers out of the market. The interest rate on a 30-year fixed-rate mortgage began last year at around 3.26%, and by the time December...
What’s ahead for the mortgage industry in 2023? United Wholesale Mortgage exec glimpses into the future
Source: MPA--- Short of having a crystal ball, it’s difficult to predict the future. Indulging Mortgage Professional America with insight, a top executive at United Wholesale Mortgage took a shot at it. During a telephone interview with MPA, the company’s chief...
Executive Changes Announced at Newmark Group
The executive changes follow the departure of Howard Lutnick to become Secretary of Commerce. Continue Reading Executive Changes Announced at Newmark Group
Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million
The iconic actress lived at the estate from 1963 until her passing in 1993. Continue Reading Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million
Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
tack at Wheat Ridge will be the company’s 20th Colorado location. Continue Reading Thompson Thrift to Develop 255-Unit Multifamily Community in Denver Suburb
New Listings in Canada Up 11%
The non-seasonally adjusted national average home price was $670,064 last month. Continue Reading New Listings in Canada Up 11%
Nada Debuts US Home Equity Fund I
The fund is available on Homeshares, Nada’s newly launched investment platform. Continue Reading Nada Debuts US Home Equity Fund I
Builder Confidence Declines Amid Tariff and Housing Cost Concerns
February’s reading is the lowest level for the HMI in five months. Continue Reading Builder Confidence Declines Amid Tariff and Housing Cost Concerns
Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Prior to the pandemic, the share of all-cash sales ranged from 25% to 30%. Continue Reading Slightly Under One-Third of 2024 Home Purchases Were All-Cash Sales
Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
Homebuyers with a Rocket mortgage earn 10% back on the last 12 months of rental payments Continue Reading Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters
HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
The X account launched yesterday and generated 34,000 followers within 24 hours. Continue Reading HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste
Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
Pittsburgh and Detroit were the exceptions to the rule. Continue Reading Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros
