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.
Increased Number of Homes with Significant Equity Observed
As the market evolves, 2.7% of mortgaged homes are reported seriously underwater, highlighting lending risks and opportunities in equity-rich environments.
Realty Executives International Consolidates Operations in Arizona
A strategic realignment unites nearly 1,000 agents across 24 offices, with plans for seven additional locations, enhancing collaboration in the mortgage sector.
Compass and Zillow Finalize Terms for Lawsuit Discovery Process
Compass and the opposing party are negotiating terms for expedited discovery related to the motion for a preliminary injunction, impacting ongoing legal strategies.
Senate Bill Proposes Recognition of Cryptocurrency as Mortgage Collateral
Explore the implications of a new Senate bill that may allow cryptocurrency to serve as mortgage collateral, potentially reshaping lending practices for young homeowners.
Commission Rates Remain Stable at Anywhere
Explore the latest insights from Anywhere, revealing minimal effects on commission rates since the NAR settlement, offering valuable perspective for private lenders.
CoStar Files Lawsuit Against Zillow Over Alleged Copyright Violations
Zillow faces claims of copyright infringement for allegedly using over 46,000 photographs owned by CoStar on its platform and partner sites.
Mortgage Applications Decline to Lowest Level Since May
Mortgage applications for purchase and refinance have decreased, as uncertainties in the job market and economy impact borrower confidence, according to MBA's Joel Kan.
Delaware’s Median Sales Price Reaches Historic Peak
Delaware's home sales saw a slight increase, indicating a growing market. Discover how this trend affects median sales prices and lending opportunities.
Starter Home Sales and Prices Experience an Upward Trend
Starter home prices are climbing, with a record average of $260,000. Explore the implications for private lenders in today's market trends.