Better Homes and Gardens Real Estate Haven Properties has opened a new office in Monterey, California — extending its reach to a 175-mile coastal service area across the state’s central region. The firm — which already operates offices in San Luis Obispo, Morro Bay, Pismo Beach, Santa Maria and Paso Robles — now includes 135 […]
Better Homes and Gardens Real Estate expands in California Read More »
Analysts, economists and mortgage professionals are coining this quarter’s activity as one of the most “calm” periods for mortgage rates in recent memory. It follows nearly three years of borrowers being sidelined by higher rates or “stuck” in loans with historically low rates. BTIG analysts said Wednesday that despite Treasury volatility in April, mortgage rates
Stable mortgage rate environment reshapes how LOs engage with borrowers Read More »
HouseSavings.com — a real estate brokerage based in central Pennsylvania — has introduced a digital-first platform that offers flat-fee and low-commission listing services with the goal of reducing costs for home sellers. The company’s model features three residential listing packages — two flat-fee options starting at $999, and a virtual full-service package with a 1%
HouseSavings.com launches flat-fee, low-commission listing platform Read More »
In May, Longbridge Financial debuted Platinum Preserve, a new proprietary reverse mortgage product that aims to help borrowers preserve home equity for their heirs. RMD spoke to Longbridge co-founder Melissa Macerato about the product’s origins, how industry pros have received it thus far, and how it differs from other Platinum line products. The interview with Macerato, the
Longbridge’s Melissa Macerato on how the latest proprietary reverse product came to be Read More »
Come July 1, those working and transacting in Florida’s condo market will have some new requirements to deal with. On Monday, Florida Governor Ron Desantis signed both HB 913 and HB 393 into law. Many of the changes outlined in the bills were championed by Florida Realtors. These changes include things like adjustments to document
New Florida condo laws aim to add transparency for buyers Read More »
Lone Wolf Technologies has released Deal Tracker, a new pipeline dashboard designed to give real estate agents a centralized, real-time view of the home transaction process from initial contact through closing. The dashboard is now available as the default homepage for users of Lone Wolf’s Transact platform. It integrates with Lone Wolf’s broader software system,
Lone Wolf Technologies releases Deal Tracker dashboard Read More »
Northwest Multiple Listing Service (NWMLS) has introduced new disclosure requirements aimed at increasing transparency around referral fees in residential real estate transactions across Washington state. The changes include a new stand-alone Referral Disclosure form and updates to brokerage services agreements. These additions are intended to inform buyers and sellers when a broker receives or pays
NWMLS adds referral fee disclosures to real estate forms Read More »
After topping out on May 21st, the average day for mortgage rates has been a good one. This has been especially true since June 6th with our 30yr fixed index moving down almost 0.25% through this afternoon. Today’s gains contributed nicely with a drop of 0.07%. Normally, we’d point to the economic release calendar to
Mortgage Rate Winning Streak Continues Read More »
Fannie Mae and Freddie Mac unveiled a new strategy for their legacy joint venture, aligning with priorities set by President Trump and their federal overseer. Their Common Securitization Solutions JV will be renamed U.S. Financial Technology to reflect a new role in which it will sell access to the mortgage-backed securities platform used to manage
Fannie Mae, Freddie Mac revamp JV as fintech venture Read More »
The Department of Housing and Urban Development is weighing a number of changes to its manufactured housing program as it looks to it as a key solution to addressing the nation’s housing shortage quickly. Government officials, including the heads of Ginnie Mae and the Federal Housing Administration, outlined potential improvements under consideration, including updates to
HUD plans overhaul of its manufactured housing program Read More »