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Despite Recent Dip in Mortgage Rates, Uncertainty Stalls the U.S. Real Estate Market
Source: Mansion Global --- Fluctuations in mortgage rates—combined with the ups and downs of the stock market—are creating uncertainty for both buyers and sellers, thus stalling home sales in the U.S., according to Realtor.com. Mortgage rates fell by nearly 50 basis...
Real Estate Trends: Why Did Mortgage Rates Suddenly Drop?
Source: Forbes --- Key Takeaways Rates for 30-year fixed rate mortgages dropped below 7% the first week of November. Rates have been moving higher for most of 2022, rising from around 3% to over 7%. More inflation and economic data needs to be released to know if...
Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
The program offers a three-credit undergraduate course on residential mortgage origination and processing. Continue Reading Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
Jenny Coupland Named CEO of Visio Lending
She replaces co-founders CEO Jeff Ball and President Matt Matza upon their recent retirements. Continue Reading Jenny Coupland Named CEO of Visio Lending
Report: Mauricio Umansky Slapped with $20,000 in Tax Liens
Prominent real estate broker and “Buying Beverly Hills” star Mauricio Umansky was back in the spotlight, albeit for the wrong reasons – the CEO of The Agency and co-founder of the American Real Estate Association was hit with four tax liens totaling $20,000....
Mortgage Application Activity Soars by 33%
The Refinance Index increased 44% from the previous week and was 22% higher than the same week one year ago. Continue Reading Mortgage Application Activity Soars by 33%
Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
The trade organizations said Turner “understands the value of strengthening public-private partnerships.” Continue Reading Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
Former Redfin Executive Adam Wiener Becomes President at Lower
Wiener gained industry prominence at Redfin, which he left in 2023 as president of real estate operations. Continue Reading Former Redfin Executive Adam Wiener Becomes President at Lower
D.R. Horton Begins Sales at New South Carolina Community
The new home community will celebrate its Grand Opening on Jan. 18 from 11:00 a.m. to 2:00 p.m. Continue Reading D.R. Horton Begins Sales at New South Carolina Community
William Raveis Real Estate Launches Platform Focused on Nantucket Vacation Rental Market
CEO Bill Raveis called the platform “an invaluable resource for both renters and homeowners.” Continue Reading William Raveis Real Estate Launches Platform Focused on Nantucket Vacation Rental Market
Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
Lim previously served as president of Christie’s International Real Estate. Continue Reading Chris Lim Named EVP and Chief Growth Officer at RE/MAX Holdings
QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
Beacon did not publicly comment on Jacobs’ letter. Continue Reading QXO Proposes to Acquire Beacon Roofing Supply for $124.25 Per Share in Cash
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