Mortgage Mix: Signs Point to Better Times in 2024
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
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4 Topics You Should Avoid at Every Listing Presentation
Listing presentations are the high stakes, make-or-break moments for most agents. This is when your salesmanship—a skill that every...
NAR Forecasts 4.71 Million Existing-Home Sales in 2024, With Mortgage Rates in Mid-6% Range
When an 18% decline in home sales in 2022 is followed by what looks like another 18% drop this year,...
Mortgage Rates Dip Back Below 7%
The 30-year fixed-rate mortgage (FRM) decreased for the seventh straight week, from last week’s average of 7.03% to an average...
Many Brokers See ‘Flip’ to Buyer’s Market in 2024
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger...
Foreclosure Activity Sees Decline in November
A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month...
The Fed Continues to Keep Interest Rates Steady
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the...
Buffini, Yun Predict Big Mortgage-Rate Drop and Housing Rebound in 2024
Above: Brian Buffini, left and Dr. Lawrence Yun December industry predictions for the upcoming year can be fairly same-old, same-old....
The Housing Markets Facing Greater Risk of Downturns
Third-quarter patterns—derived from gaps in home affordability, underwater mortgages, foreclosures and unemployment—revealed that California, New Jersey and Illinois have the...
Consumer Price Index Sees Small Rise in November
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes...
Condo or House? Helping Clients Decide Which Makes More Sense
With home prices still elevated in much of the country, condos have become more realistic for buyers determined to exit the rental train. Read more.
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