Presented by Optimal Blue Do you understand how capital markets is connected to the entire mortgage process? In this mini-series with industry leaders from Optimal Blue, discover the crucial role that market dynamics play in shaping lender strategies and success. This miniseries is hosted by Sarah Wheeler on the HousingWire Daily podcast and presented by…
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With mortgage rates back into the 7% range and several consecutive weeks of reduced demand, Rocket Mortgage is making what appears to be a volume play. The third party origination (TPO) division of Rocket Mortgage on Monday announced the rollout of its latest product, 24 Takeoff, which allows mortgage broker partners to receive a 24…
As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. In the third quarter of 2024, newly built single-family homes made up just 28% of homes for sale, according to a recent Redfin report based on data from the National Association…
As real estate practitioners adjust to the practice changes that took effect in August, and the industry waits for final approval of the NAR settlement from the court in November, questions continue about seller offers of compensation. The arrangement known as cooperative compensation allows sellers to choose to offset the cost of buyers’ agents. By making an offer of…