"November 6, 2024" Archives

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MLS PIN, Restb.ai unite to bring gen AI solutions to real estate pros

The trend of innovative software solutions and artificial intelligence (AI) tools continue as the real estate industry competes for speed and efficiency. New England-based MLS Property Information Network (MLS PIN) is following these footsteps with its latest partnership. MLS PIN announced a partnership with Restb.ai on Monday to bring advanced AI features to its web-based…

Trump is victorious. Will mortgage rates go to 8%?

In a historic comeback, former Republican president Donald Trump has been elected as the 47th president of the United States, defeating vice president Kamala Harris. The shift is expected to have broad implications for housing in America. The Republicans look poised to also achieve significant gains in Congress. Control over the Senate was also decided…

Mortgage demand has fallen 41% since Fed’s 50 bps cut

Mortgage demand declined for a sixth straight week on the back of higher mortgage rates, according to weekly applications survey data published Wednesday by the Mortgage Bankers Association (MBA). Applications dropped 10.8% on a seasonally adjusted basis during the week ending Nov. 1. Demand has plummeted 41% since the last increase in applications during the…

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