Mortgage Applications Rise 11%, Driven by Refinance Activity
Mortgage applications increased by 11% week-over-week, driven by a 14.3% rise in refinancing activities and a 6.1% gain in purchase applications.
Real Brokerage Achieves $2B Revenue as Business Strategy Gains Momentum
Real's platform-first strategy positions it for organic growth in a challenging market, as existing home sales stay below historical norms, impacting private lenders.
Nine strategies to cultivate mortgage referral clients and expand your pipeline.
Discover effective mortgage client referral strategies to consistently engage and support your referral sources, enhancing relationships and driving growth.
UWM and Chase Introduce Temporary Mortgage Pricing Incentives
UWM offers 75 bps off refinances and a $600 appraisal credit, while Chase promotes a rate sale, providing competitive options for private lenders.
Property Taxes and Insurance Constitute 21% of Mortgage Payments
A Neighbors Bank report reveals that property taxes and homeowners insurance comprise an average of 21% of monthly mortgage payments across nearly 450 metros.
Agent Shifts: 16% Changed Brokerages, Yet Sales Volume Remains Steady
A significant shift in the real estate market reveals that 16% of agents switched brokerages, generating $590B in volume and highlighting top brands' 1.8% growth.
Expensive Housing Markets: A Study of Their Rapid Growth Trends
Higher-priced metros see faster sales despite high prices, revealing a paradox in median days on market as purchasing power influences demand dynamics.
UWM and Bilt Collaborate to Enhance the Mortgage Servicing Experience
United Wholesale Mortgage collaborates with Bilt to enhance borrower loyalty and broker retention, leveraging rewards to attract high-intent homebuyers.
The Risks of Delaying: Understanding the Cost of Market Timing Missteps
Exploring the instinct to wait for optimal market conditions, this analysis delves into the psychology behind timing in major financial decisions.
Baird & Warner Introduces AI-Powered Social Media Assistant
Enhance your listings with tools that enable agents to upload photos, videos, and links, while leveraging local news and MLS data for optimal content.