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Mortgage Rates Climb Up Over 7%
Still on the upswing, the average 30-year fixed rate mortgage ticked up over 7% this week, marking its fifth straight week of increases and hitting their highest point since last May. According to Freddie Mac’s latest Primary Mortgage Market Survey® (PMMS®), this week the average 30-year fixed-rate mortgage (FRM) reached 7.04%, up from last week’s…
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RealScout co-founder Andrew Flachner returns to helm as CEO
Builder Confidence Edges Up Even as Tariff, Deficit Concerns Rise
Builder sentiment edged higher to begin the year on hopes for an improved economic growth and regulatory environment. At the same time, builders expressed concerns over how building material tariffs and costs proposed by the Trump administration, and a larger government deficit, would put upward pressure on inflation and mortgage rates. Builder confidence in the…
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CMS launches fresh round of redundancies - Legal Cheek
Howard Hanna Real Estate Services (HHRES) Announces Merger With Home Experts Realty
Howard Hanna Real Estate Services (HHRES) has announced that Ohio-based Home Experts Realty has officially joined the Howard Hanna family, expanding the company’s footprint in the Buckeye state. “Home Experts Realty has built a strong, values-driven foundation that aligns perfectly with Howard Hanna’s mission and culture,” said Shawn Adams, president, Ohio South Central region, HHRES.…
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NAR, Michigan Real Estate Groups Fire Back in Broker Antitrust Lawsuit
The National Association of REALTORS® (NAR) and several Michigan real estate associations asked a federal court Wednesday to dismiss a proposed class-action lawsuit that challenges traditional MLS and REALTOR® membership requirements. NAR, the Michigan Association of REALTORS® and several local REALTOR® associations argue that the plaintiffs failed to make valid antitrust claims in their lawsuit,…
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America’s Housing Affordability Crisis: Perspectives From the New York Fed Event
Housing affordability remains a main concern—not just for individuals looking to buy their first home, but for the broader economy, influencing everything from labor markets to community stability. This concern took center stage at a high-profile event at the Federal Reserve Bank of New York on January 14 where economists, policymakers and housing advocates led…
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