What's the Current Situation Regarding Mortgage Rates?
You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead. Economic Factors That Impact
National Report: Pending Home Sales Increased by 3.4% in March
In March, pending home sales surged by 3.4%, as reported by the National Association of REALTORS®. While the Northeast, South, and West experienced upticks in monthly transactions, the Midwest saw a decline. Comparing year-over-year figures, the Northeast and South saw decreases, whereas the Midwes
The Truth About Realtor Commissions Going Forward
In the proposed settlement, various forms of compensation for brokers assisting buyers would persist, such as fixed-fee commissions paid directly by consumers, seller concessions (provided they aren't tied to retaining or compensating specific parties), or a share of the listing broker’s compe
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