The housing market cheered as the Federal Reserve signaled interest rate cuts next year after making a series of rapid rate hikes starting in 2022. While the central bank did not completely rule out the […]
High mortgage rates, a lack of inventory and elevated home prices have turned 2023 into the least affordable year for homebuyers on record. Luckily, economists are projecting some improvements for next year, according to a […]
How do you articulate the value you bring when representing a homebuyers in a real estate transaction? You know what you do, but how do you explain it in such a way that a buyer […]
US homebuyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America published on Monday. About 62% of respondents said they would wait for borrowing […]
We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. As leaders of a non-profit, the Association of Independent Mortgage Experts (AIME), we […]
Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a better market to buy a home. According to Bank of America’s 2023 […]
Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs. On average, homebuyers put down 14.7% of the home’s purchase price for a primary home in […]
Buying a house was obtainable only for the haves in 2023 as home prices and mortgage rates soared. Homebuyers’ median household income increased by $19,000 this year from 2022, reaching $107,000, according to the National […]
Mortgage rates this week saw the biggest one-week decline in a year and potential homebuyers waiting for rates to drop responded, said Josh Mettle, division president and co-creator of NEO Home Loans. “I think we […]
Another day and another class-action antitrust commission lawsuit accusing the real estate industry of colluding to inflate real estate agent commissions has been filed. But this latest one comes with a twist — it was […]
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