With prices rising, it’s becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA’s official announcement.
Category: Select
Era Ventures launches record-breaking $88M real estate fund
Clelia Warburg Peters, Era Ventures’ founder, is the first woman to raise an initial fund of this size in the real estate category. The fund will distribute capital across various stages of innovation.
Fathom Realty agrees to pay $2.95M to settle commission suit
The company denied wrongdoing and said it had agreed to settle with plaintiffs in an attempt to move on and continue growing the business.
How can I really be sure sellers will pay the buyer’s agent (me)?
The new commission rules are confusing. Compliance expert Summer Goralik unpacks whether it’s possible to confirm if a seller is willing to compensate buyer’s agents.
The Obamas’ former Hyde Park condo lists for $550K
The Obamas lived in the apartment from 1993 to 2005. The home is now being sold by Grammy-award-winning jazz singer Kurt Elling and his wife, Jennifer Elling.
Trump allies formulating plans to privatize Fannie and Freddie
A new “Wall Street Journal” report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee.
Investors’ expectations for big Fed rate cut rise on new data releases
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week’s “dot plot” says about expectations for the pace of future cuts.
Rate has now taken 10K loan applications en Español
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals (NAHREP)
Fed expected to be cautious in cutting rates next week
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut when they meet next week.
4 soft skills to focus on post-NAR settlement rule changes
These soft skills have never been more critical in light of the National Association of Realtors’ commission suit settlement and subsequent rule changes, OJO Labs CEO Chris Heller writes.