Mortgage Mix: Rates and Applications This Week
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. ...
Tag: Real Estate Economics
Mortgage Lending Grows in Q2 2023
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new ...
2023’s Top 10 Best Housing Markets
With home prices and mortgage rates posing a hurdle to many homebuyers, not to mention other economic headwinds like inflation, ...
Inflation Nudges Up, Adding to Rate Worries
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still ...
Mortgage Rates Surge Over 7% to 21-Year High
The 30-year fixed-rate mortgage (FRM) surged this week to its highest level in more than 20 years, averaging 7.09%, which ...
eXp Seeks New Blood With Revenues Down
With revenue down and domestic agent growth essentially flat, eXp is pivoting to better fit its virtual-focused brokerage model into ...
Job Gains Slow, but Remain Solid–Here’s What It Means for Housing
Ask any real estate professional about the macroeconomic challenges they’re facing today, and you’ll get an answer including both “inflation” ...
Rocket Companies Picks Up Speed in Q2 Following Big Changes
After seeing a revenue that was well down from 2022 and company projections in Q1, Rocket Companies ramped up business ...
RE/MAX Loses Revenue, but Gains Agents in Q2 2023
RE/MAX, one of the biggest household names of the real estate industry, suffered losses in Q2 2023 due to market ...
Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing ...
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