RISMedia Staff

The 30-year fixed-rate mortgage (FRM) changed course again this week, averaging 5.13%, down from 5.22%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac today. Key highlights: 30-year fixed-rate mortgage averaged 5.13% with an average 0.8 point as of August 18, 2022, down from last week when it averaged 5.22%. A…

After two weeks of increases, mortgage applications changed course this week, decreasing 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending August 12, 2022. Key findings: The Market Composite Index, a measure of mortgage loan application volume, decreased 2.3% on a…

A recent study by LendingTree found that more than 320,000 homes across the nation’s most expensive towns sit vacant. For the study, the mortgage analyzed housing data to determine vacancy rates in the nation’s 50 most expensive ‘micropolitan’ areas (towns) with populations between 10,000 and 50,000. Here are some of the key findings: Across the…

Over 1,100 RE/MAX leaders and guests gathered at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee this week for the global real estate franchisor’s 2022 RE/MAX Broker Owner Conference, RE/MAX has announced.. The three-day event included many BOC staples—the opening general session, speakers, networking opportunities, Children’s Miracle Network Hospitals® Auction, approved supplier marketplace,…

Fathom Holdings Inc., has announced the appointment of Scott Flanders to its board of directors. He will also serve as chair of Fathom’s Compensation Committee. Flanders succeeds Jeffrey Coats, who left the board to pursue other business interests, the company stated. Flanders has served in executive management positions of several high-profile public companies and is…

Curbio has announced that it has been named to Inc. Magazine’s prestigious Inc. 5000 list of the fastest-growing privately owned companies in America. In Curbio’s first year of eligibility for the list, it has been ranked at No. 790, placing it as the 31st fastest-growing company in the real estate industry, the company announced. Since…

NAR PULSE—Encourage your agents to go green and practice sustainability with free and discounted products from Right Tools, Right Now. Check out this month’s offers to help your agents increase their competitive edge by learning more about sustainability and resource efficiency. NEW! REALTOR® Branding Kit for Brokers Take advantage of a branding kit exclusive for…

Los Angeles real estate brokers Alex Avilez and Victoria Andocilla have aligned their office with the RE/MAX brand, RE/MAX has announced. Now operating as RE/MAX Homelife Realty, the firm formerly known as Excellence Social Real Estate will continue to serve buyers and sellers in the San Gabriel Valley, now with an enhanced suite of tools…

Weichert, Realtors® – Providence Properties recently held a grand opening event to celebrate its new real estate brokerage in Watford City, North Dakota, the company has announced. The event featured a ribbon-cutting ceremony to introduce the new business to the local community, as well as light snacks and door prizes from local businesses, a release…

Construction of new homes fell more than expected in July, to its lowest level in over a year, according to new data released today from the U.S. Census Bureau and U.S Department of Housing and Urban Development (HUD). The new data show housing starts decreased to a seasonally adjusted rate of 1.446 million, a 9.6%…