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RSS2Buyers who are waiting for rates to come down before making their home purchase will likely have to wait until next year for that to happen, according to economists commenting on this week’s mortgage data. Mortgage rates changed little from last week, with the latest Freddie Mac Primary Mortgage Market Survey® showing the 30-year fixed-rate…
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Editor’s note: AI Pulse is RISMedia’s ongoing roundup of AI happenings, providing hype-free trends and real-world use cases to help navigate the rapidly evolving AI landscape. ChatGPT, Claude and Gemini fail as originators, show “extreme” bias As the mortgage industry appears just as eager as the real estate agent and broker community to boost their…
The post AI Pulse: Leading LLMs Bomb Mortgage Test; Google Rolls Back AI Satellite Images appeared first on RISMedia.
REMAX, part of the Real REMAX Group family of brands, announced on Aug. 27 with deep sorrow the passing of REMAX co-founder Gail Liniger. She was 81. A business visionary and luminary whose leadership built one of real estate’s most recognized and respected brands, REMAX called Liniger “a force of nature whose courage, brilliance and…
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On Wednesday, Aug. 26, U.S. District Judge ?Myong Joun in the federal district of Massachusetts ruled that the Department of Housing and Urban Development (HUD) failed to justify a significant restructuring of a landmark fair housing program, after HUD said it would not disburse monies to hundreds of nonprofits that are charged with combatting housing…
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Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several economic challenges faced throughout July. The Personal Consumption Expenditures (PCE) price index rose 0.2% month-over-month in July, a minor increase after June’s index fell 0.1%, according to the report. On a yearly basis, inflation’s pace…
The post Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal appeared first on RISMedia.
Accompanying buyers to tour homes can be a more slippery endeavor than most agents realize. Clients will always share the big things they like about a home, and often ones they don’t like. But many may not provide opinions about “minor” turnoffs, especially if they feel they could be insulting to the owners. So it’s…
The post Subtle Scent and Sight Signals That Can Swiftly Stymie Sales appeared first on RISMedia.
For the lucky (or prescient) people who stacked some Bitcoin back when the digital currency sold for a few dollars instead of tens of thousands, there aren’t a lot of direct benefits if you don’t cash out. Crypto doesn’t pay dividends, and not a lot of banks are excited to see your bitcoin as collateral…
The post AI-Lender Better Launches Crypto Down Payment Loan appeared first on RISMedia.
Economic uncertainty has once again put pressure on mortgage applications, taking a downturn in response to mortgage rates rising once again, according to the latest data. The Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey saw applications dip 1% for the week ending Aug. 21. On an unadjusted basis, applications dipped 2%. MBA’s Vice President…
The post Refinance Activity ‘Dampened’ Due to Continued Economic Challenges appeared first on RISMedia.
Younger Americans often hear lectures from their older counterparts on what it means to be an adult, and the importance of eventually owning a home. A stereotypical baby boomer may admonish millennials and Gen Z for not yet owning a home, believing that these young adults are simply content to remain unemployed and dwell in…
The post Nests Remain Full as Unaffordability Keeps ‘Shadow Buyers’ at Home appeared first on RISMedia.
Above, from left, Becky Beyer and Stephanie Bowling Pillar To Post Home Inspectors announced that two members of its marketing leadership team have been recognized by Franchise Assembly: Becky Beyer, vice president of Marketing, was named a 2026 Franchise Marketing Trailblazer and Stephanie Bowling, senior director of Marketing, was recognized as a 2026 Franchise Marketing…
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