Top Headlines
The Commission Fight Isn’t the Biggest Problem Facing Real Estate Agents Anymore
The commission settlement survived another major legal challenge. For real estate agents, the bigger question now is whether they can clearly demonstrate why their services are worth paying for. Continue Reading The Commission Fight Isn’t the Biggest Problem Facing Real Estate Agents Anymore
Stop Waiting for the Fed to Save Housing
Housing keeps waiting for the Federal Reserve to deliver relief. But mortgage rates are driven by a much larger market, and the industry needs to start paying attention to all of it. Continue Reading Stop Waiting for the Fed to Save Housing
Jed Dolson Promoted to Co-CEO of Green Brick Partners
Dolson joined Green Brick Partners in 2013 as the head of land acquisition and development. Continue Reading Jed Dolson Promoted to Co-CEO of Green Brick Partners
Compass Joins the American Real Estate Association
“Competition makes every industry better,” said Robert Reffkin, chairman and CEO of Compass International Holdings. Continue Reading Compass Joins the American Real Estate Association
Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education
The Gable Grants program creates and expands partnerships with nonprofits and community colleges to increase training capacity and connect more people with skilled trades careers. Continue Reading Lowe’s Foundation Awards $8 Million in Grants to Expand Skilled Trades Education
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
“While the headline increase in delinquencies may draw attention, the underlying performance picture is stable as delinquencies remain below January 2020 levels,” said ICE’s Andy Walden. Continue Reading Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. Continue Reading Mortgage Rates Tick Up Slightly
Survey Finds High Anxiety Levels Among Canadians Facing Mortgage Renewals
The findings are based on an online survey of approximately 2,000 Canadians across all regions. Continue Reading Survey Finds High Anxiety Levels Among Canadians Facing Mortgage Renewals
Refinancing Action Sparks Uptick in Mortgage Application Activity
The FHA share of total applications increased to 17.9% from 17.5% the week prior. Continue Reading Refinancing Action Sparks Uptick in Mortgage Application Activity
HUD Updates 14 FHA Policies in Move to Improve Affordability
“Every unnecessary regulation comes with a cost, and too often homebuyers pay the price,” said HUD Secretary Scott Turner. Continue Reading HUD Updates 14 FHA Policies in Move to Improve Affordability
Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion
Multifamily mortgage debt alone increased $23 billion (1.0%) to $2.32 trillion. Continue Reading Q1 Commercial/Multifamily Mortgage Debt Increased by $26.3 Billion
Mortgage Rates Trend Lower
The 30-year fixed-rate mortgage averaged 6.47% as of June 18, down from last week when it averaged 6.52%. Continue Reading Mortgage Rates Trend Lower
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications has a slight uptick to 17.5% from 17.4% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
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