Although the industry is barely than a week into the “new normal,” some real estate agents and brokers are already seeing smaller buy-side commissions. “It kind of started before the [National Association of Realtors] settlement went into effect, but commission compression is a real thing,” Brian Huskey, the broker-owner of Montana-based ERA American Real Estate,…
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When interest rates began skyrocketing more than two years ago, mortgage companies faced a pivotal decision regarding a crucial part of their business: the servicing portfolio. This period was a windfall for servicers. Rising rates typically slow down borrower prepayments, increase the fair value of mortgage servicing rights (MSRs), and enable companies to earn more…
A midcentury retreat in Idyllwild, a two-bedroom condominium in Playa del Rey and a two-bedroom townhouse in Campbell.
Stanley Tang of Sumitomo Mitsui DS Asset Management says the combination of a clear downwards trend of U.S. interest rates and the good chance of China’s economy bottoming out makes Hong Kong stocks an attractive idea for investors.