The 8% mortgage is here
Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according to one index.
Per...
“Collusion,” agent training are the focus on day three of the Sitzer/Burnett trial
The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony...
Existing home sales waned in September: NAR
Existing home sales fell 2.0% in September from August, reaching a seasonally adjusted annual rate of 3.96 million, according to the National Association of Realtors.
Compared to...
Real estate agents’ 12-month prospecting plan
Event marketing can be key to success in building relationships and meeting new potential buyers and sellers. There are several categories of events. Events you create,...
6 best real estate lead generation websites for 2023
Whether you’re a seasoned real estate agent looking to expand your reach or a newcomer eager to establish your digital footprint, ahead we delve into the...
Gary Keller, Bob Goldberg, Gino Blefari depositions on commissions shared with the jury
The second day of the trial for the Sitzer/Burnett bombshell class action buyer broker commission class action lawsuit included plenty of insights into how the plaintiffs...
BofA’s mortgage production declines 6% in Q3
Top-20 U.S. mortgage lender Bank of America (BofA) reported declining mortgage and home equity production in the third quarter of 2023, compared to the previous quarter. And more...
Housing construction picked up in September, but developers are getting anxious
Housing starts climbed to a seasonally adjusted annual rate of 1,358,000 in September, according to U.S. Department of Housing and Urban Development and U.S. Census Bureau...
Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim...
The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner at the U.S. Department...
DataDigest: Nearly 100,000 LOs have washed out
For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. Well, it’s certainly been a down...