Mortgage rates rose incrementally for the second-straight week, according to Freddie Mac’s Primary Mortgage Market Survey, released Thursday. The rate for a 30-year fixed mortgage averaged 4.53 percent for the week ending August 17, down from last week’s 4.59 percent average but up significantly from a 3.89 percent average one year ago. The rate for a 15-year […]
Credit Karma, the personal finance company geared toward millennials, is acquiring digital mortgage application startup Approved for an undisclosed sum, the companies announced today. Source: click here
The inventory crisis is coming to an end. Like rolled up skinny jeans, a for-sale housing shortage is becoming old news. Buyers have more choices. Source: click here
After the Queen of Soul’s death, a local Memphis organization has come forward with plans to renovate and preserve the singer’s historic house. Source: click here
Fast-growing Midwest markets are overtaking pricy California cities on property search website realtor.com‘s hottest markets report, which looks at the areas of the country in which properties are selling at the fastest rates (by days on market). The July list, released Wednesday by the News Corp-owned website, named seven midwest markets and five in California, with […]
Are you an indie broker trying to thrive among the big dogs? Watch Jed Carlson of AdWerx explain how to level up and successfully compete with big name brokerages during his session at Inman Connect San Francisco’s Indie Broker Summit. Source: click here
Privately-owned housing starts and privately-owned housing units authorized by building permits are both trending upwards, month-over-month, according to the latest new residential construction numbers from U.S. Census Bureau and the U.S. Department of Housing and Urban Development. The July data could be a positive sign that the inventory woes facing the industry are waning. In the […]
Watch Byron Lazine and Nicole White discuss Zillow’s update to its “Zillow Offers” plan and its recent mortgage company acquisition. Source: click here
Opendoor will launch in Sacramento and Riverside, California, along with Denver and Portland, Oregon, as part of its goal to reach 50 markets by 2020. Source: click here
Yuval Degani of Dream Town Realty and Anthony Lamacchia of Lamacchia Realty share how to keep your margins up when agents seem to be taking more and more of the pie. Source: click here
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