Jobs Report Shortfall May Influence September Rate Cut and Mortgage Rates
The latest jobs report indicates a potential shift in economic trends. Private lenders may want to reassess their strategies in light of this data.
ICE Reports $851 Million Profit in Second Quarter, Adjusts Revenue Expectations
ICE's mortgage technology division reported $531 million in revenue, reflecting a 4.1% increase from the previous quarter and a 4.9% year-over-year growth.
Rocket Reaches Profitability in Q2, Gains from Redfin Partnership
Rocket Companies has regained profitability, overcoming a challenging mortgage market influenced by U.S. economic uncertainties, signaling resilience in the sector.
Redfin Incorporates CubiCasa’s Interactive Floor Plans
CubiCasa's innovative technology enables agents and photographers to create detailed floor plans and virtual tours with just a smartphone scan, enhancing property marketing.
LeadingRE Partners with Smartify Media for Digital Display Solutions
Transform storefront windows into engaging displays with Smartify's platform, boosting visibility for real estate brands and driving local customer interaction.
John L. Scott CEO explains AI strategies and MLS consolidation trends.
Explore the transformative impact of artificial intelligence across various sectors and the urgent need for MLS consolidation in the evolving mortgage landscape.
Agent Growth Remains Strong for eXp in Recent Quarterly Report
eXp reported weak financial results for Q2, yet remains optimistic with increasing agent counts, indicating potential for future growth in the market.
Real Estate Brokerage Profit Margins Indicate Signs of Stabilization
After a turbulent period, AccountTECH reports emerging profit margin stability for U.S. real estate brokerages, signaling potential growth opportunities for private lenders.
Connecticut Companies Consolidate Under Better Homes and Gardens Real Estate
Explore the recent merger uniting 150 sales associates across four Connecticut offices, enhancing service and collaboration in the local mortgage market.
Mortgage Application Payments Decreased, Suggesting Enhanced Affordability
National median payment for purchase mortgage applicants falls to $2,172 in June, indicating potential shifts in market conditions and borrower affordability.