Average mortgage rates on 30-year fixed home loans continued their march towards 8% this week as the Treasury yield surpassed 5%. Rates have been steadily climbing for seven straight weeks, the longest... Read more »
If you are a homeowner or a prospective buyer in Canada, you might be wondering what the future holds for the housing market. Will prices continue to fall or will they rebound?... Read more »
KANSAS CITY, Missouri — The ninth day of the Sitzer/Burnett commission lawsuit started off with some overnight news from the court. After filing a motion for a mistrial Wednesday morning, citing several... Read more »
In the realm of real estate, the desire for mortgage rates to return to the 3% range and bidding wars for new listings may remain unfulfilled. However, experts project that in 2024,... Read more »
The servicing segment drove most of Pennymac Financial Services’s earnings in the third quarter of 2023, just like its peers, Mr. Cooper and Rithm Capital. Profits at the California-based lender increased by 60% from July to... Read more »
New Home Sales, commonly referred to as “new residential sales,” is an economic indicator that tracks the sale of newly constructed residences. It is extensively watched by investors since it is seen... Read more »
Jason Christie New York City luxury agent Jason Christie has returned to Compass after two years at Serhant, the company announced on Thursday. Christie specializes in luxury real estate in Manhattan and the... Read more »
The Texas housing market has been one of the hottest and most resilient in the nation, especially during the COVID-19 pandemic. The state has seen strong population growth, job growth, and demand... Read more »
Real estate conglomerate Anywhere is teaming up with Offerpad to expand the iBuyer‘s services nationwide, according to an announcement on Thursday. Offerpad operates in 14 states. The partnership extends Offerpad’s reach by... Read more »
In a surprising turn of events, Austin, Texas, known for its popularity among migrants, is witnessing a significant shift as homebuyers are now looking to leave the city. The soaring housing costs... Read more »