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Mortgage Mix: Mortgage Rates Rise; CFPB Launches ‘Junk Fee’ Inquiry
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. –Mortgage rates ticked back up above 7% after weeks of declines, according to the latest data from Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 7.03%, up from 6.94% last week, and the 15-year FRM…
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Deciphering Portal Info and Traffic Patterns: What Means What, and to Whom?
When two competing corporations face off aggressively and publicly, it can often make for great theater, which is what’s happening in the residential real estate realm. Realtor.com® and Homes.com have taken to launching broadsides at each other as the two portal giants battle for second place behind Zillow for home-search site-traffic supremacy. But as with…
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Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a similar gain in March. It’s not a wholly positive sign for those hoping that the U.S. central bank will cut interest rates soon, as it suggests the elevated pace of price increases could last longer…
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Study: Only 4 States Are Affordable for Typical U.S. Household
It’s no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According to a recent analysis by Clever Real Estate, the median household can only afford the typical home in four states: West Virginia, Ohio, Iowa and Indiana. The latest homeowner affordability data is based on the…
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Luxury’s back, baby: It’s Inman’s Top 5
US Bancorp DE Increases Holdings in Alexandria Real Estate Equities, Inc. (NYSE:ARE) - Defense World
Buying London estate agent on being spat at as charity fundraiser - Yahoo Finance UK
‘It’s Up to the Women’: The future of real estate is in your hands
Daniel Daggers net worth: Starring in Buying London, investments & more – PrestigeOnline Malaysia - Prestige Online Malaysia
Bright MLS will allow sellers to offer concessions upon listing
Sellers are cutting prices at record pace to combat softening demand
Generating New Revenue: Strategies for Growing Your Business
While finding buyers and sellers who are ready to get off the sideline is the ultimate goal for real estate professionals who are looking to keep their pipeline full, there’s no shortage of strategies that can be employed to generate new revenue and grow your business as the busy summer selling season heats up. Become…
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