Mortgage rates hover near 7%, yet housing market shows positive signs.
Mortgage rates rose recently, hovering near 7%. Analysts suggest limited potential for significant increases, impacting housing affordability trends for borrowers.
Rocket Expands Its Consumer Direct Channel Regionally
Rocket Companies is diversifying its channel strategy, leveraging acquisitions of Redfin and Mr. Cooper to enhance its call center model and expand its market reach.
National home prices achieve new record, according to First American.
Market shifts indicate a rebalancing, with annual growth rates declining to their lowest since 2012, presenting opportunities for private lenders in a high-price environment.
A Christie’s Agent Generated Over $44 Million in Sales via Instagram
Explore how Jose Prats transformed his passion for Spanish revival architecture and viral video creation into a profitable niche within the Los Angeles market.
Homebuilder Sales Incentives Experience Significant Growth This Spring
Builders are creatively navigating NAR settlement restrictions by boosting commissions and bonuses for buyers and their agents to enhance sales incentives.
House Approves Bill Allowing VA Borrowers Access to Partial Mortgage Claims
The House has passed a bill providing veterans a partial claim option for VA home loans, gaining limited bipartisan support. Explore its implications for private lenders.
Leading Reverse Mortgage Expert Embodies His Own Principles
George Vrban's reverse mortgage choice sparked interest, revealing it as a strategic retirement plan rather than a last resort, highlighting unique financial strategies.
Brokerages Overlook AI: A Guide to Engaging with Technology
Discover how private lenders can leverage emerging AI tools to enhance efficiency, streamline marketing, and keep pace with fast-moving agents in the industry.
California Achieves Record Median Home Price
California's housing supply continues to rise, marking a significant trend for private lenders. Explore the implications for the state's median home prices.
Redfin Shareholder Seeks Court Order to Prevent Rocket Merger Vote
Redfin stockholders may face delays in voting on the Rocket acquisition as Jason Morano seeks a court postponement, impacting future investment strategies.