Expect Mortgage-Rate Volatility as Oil Prices Drop on Hopes of Iran Peace Talks Ahead of This Week’s Jobs Report
In A Nutshell: Rates drifted higher last week following Fed Chair Warsh’s press conference and could remain volatile as oil prices drop on hopes of Iran peace talks and markets absorb the latest jobs market data. Upcoming Attractions The first week of the month always brings a slew of labor market d
AI is changing what it takes to be a great real estate agent. Here’s what matters now.
For years, becoming a great real estate agent followed a familiar path. You put in the hours, learned your market, built relationships and slowly developed systems that made you more efficient than the competition. Experience wasn’t just valuable. It was your competitive advantage. AI for real estat
Congress finally acted on housing. Now the real work begins.
For years, housing affordability was a problem hiding in plain sight. Rents were climbing faster than wages. First-time buyers locked out of markets their parents once could afford. Families doubling up, moving away or simply giving up on the idea of owning a home. The numbers were damning. The caus
The housing market defies expectations even with higher rates
Housing demand still showed positive year-over-year growth last week, despite the hawkish Fed, escalation of the Iran conflict, rising mortgage rates and the 10-year yield hitting yearly highs. We had year-over-year growth in our weekly pending sales, total pending sales and purchase apps. Growth ha
