Mortgage rates and the 10-year yield both hit yearly highs after the Friday massacre in the bond market, as we didn’t get any positive news on ending the conflict in Iran. Even with all that, our weekly pending home sales data is still positive year over year, for now. The weekly mortgage purchase application data […]
Mortgage rates are at yearly highs, but housing demand is still positive Read More »
Momentum MLS and Rayse announced a new partnership aimed at improving transparency, communication and client engagement throughout the real estate transaction process. The collaboration will provide Momentum MLS subscribers with access to Rayse as a member benefit, giving agents tools to guide buyers and sellers through transactions with real-time updates and structured client communication. The
Momentum MLS adds Rayse as member benefit Read More »
Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%. Originators are encouraging borrowers to ask for more seller credits, recalibrate their home search criteria and rush to close deals as quickly as possible. Rates for 30-year fixed mortgages reached 6.62% on Friday afternoon, up 5 basis points
How loan officers are saving deals as mortgage rates cross 6.6% Read More »