Sat.Nov 23, 2024

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How are mortgage rates affecting housing demand?

Housing Wire

It has been almost two months since mortgage rates spiked again, and my initial thought was this would tank housing demand. We had a positive 18-week period with purchase applications before mortgage rates started rising in September. I figured those increases would produce the same weakness in purchase apps that we saw earlier in the year. However, surprisingly, demand has held up better than I anticipated.

Mortgage 513
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NAR, HomeServices prepare to close the chapter on litigation

Real Estate News

Barring any surprises, the two largest settlements in the Sitzer/Burnett commissions case — totaling nearly $700 million — will be finalized in just a few days.

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How ‘secret’ home warranties cost 1 brokerage millions: The Download

Inman

Minnesota's AG asserts that recommending a home warranty without disclosing a financial interest is a violation of fiduciary duty.

Brokerage 177
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Brokerage Beat: News from RE/MAX, Coldwell Banker, ERA, C21, more

Real Estate News

RE/MAX adds firms in Arizona, Indiana; merger brings CB Premier agent count to 300; ERA expands in NE Florida with merger; C21 gains Milwaukee affiliate; more.

Brokerage 264
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7 ways to increase your happiness this Thanksgiving

Inman

Happiness is rooted in gratitude, which makes Thanksgiving a particularly appropriate time to focus on how to cultivate it, trainer Bernice Ross writes.

Agents 156
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Better’s Chad Smith explores mortgage hiring trends, tech tools for 2025

Housing Wire

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down with Chad Smith , president and chief operating officer at Better. The duo discuss Smith’s decision to join Better, the company’s new platform and AI loan assistant , and its growth strategies going into 2025. This interview has been edited for length and clarity.

Tools 359