Tag Archives: mortgage

Omicron could lead Fed to exercise restraint on mortgage pullback

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Financial markets have already dialed back expectations that the Fed would quickly withdraw its support for mortgage markets and hike short-term rates three times next year. Continue reading →

Rising mortgage rates may be pressuring borrowers off the fence

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Purchase loans were up 5 percent last week and applications by homeowners to refinance existing mortgages were up 0.4 percent week over week, according to the Mortgage Bankers Association. Continue reading →

‘Bias has no place in appraisal’: Appraisal Institute president

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Appraisal Institute’s president Rodman Schley is addressing unconscious bias, amping up diverse recruiting and partnering with others who are also working to do what is right. Continue reading →

Accurate Group acquires broker price opinions provider

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EMerge will operate as a standalone division, leveraging Accurate Group’s property inspection technology and deepening its nationwide broker network. Continue reading →

RE/MAX CEO: Balanced housing market, seasonal norms will return

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RE/MAX CEO Adam Contos stressed during a third-quarter earnings call Tuesday that the company’s recent investments are beginning to pay off and that it’s on firm footing for 2022. Continue reading →

UWM shares recover after secondary offering postponed

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UWM said the secondary offering was intended to benefit shareholders, by making the company “a more liquid, tradable stock for larger indexes and institutional investors.” Continue reading →

Real Brokerage has big ambitions as it ramps up agents in Q3 and beyond

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The Real Brokerage reported a third quarter net loss of $1.06 million on $39.8 million in revenue as its agents facilitated $1.44 billion in real estate transactions, up 879 percent from a year ago. Continue reading →