Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Mortgage rates ticked up slightly during the second week of June, from 6.48% to 6.52% per findings from Freddie Mac, but mortgage applications also creeped up due to so-called “pockets of opportunity” (e.g.,…

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Second Century Ventures (SCV) has announced a strategic partnership with the Confederación Inmobiliaria Latinoamericana (CILA), the leading confederation of real estate associations, chambers and professionals across Latin America.  SCV operates REACH, the world’s most active real estate technology accelerator, with programs spanning the United States, Canada and the United Kingdom, Australia and New Zealand, Latin…

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Consumers are feeling some minor relief as summer approaches, however the weight of economic challenges is still exuding some downward pressure, according to the latest data from the University of Michigan. In the preliminary results for June, the Index of Consumer Sentiment saw a positive shift for the first time in three months, jumping up…

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Above: Brandon Hornseth. In the world of off-roading, “picking a line” is the art of looking at a chaotic field of boulders and seeing a path through. It requires a deep understanding of the machinery beneath you, a respect for the variables you can’t control and the courage to move forward when the terrain gets…

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In real estate, adaptability matters more than ever, but adaptability without stability quickly becomes reactive. Over the past two years, MLS updates have begun to change how transactions unfold from start to finish. Alongside that, there’s been more focus on how listings are shared and how information is presented to consumers. Real estate professionals rely…

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Washington’s law restricting private home listings took effect June 11—and both sides of the state’s high-profile fight over listing policy have very different takes on the new rules. Senate Bill 6091, signed in March, requires that any residential property publicly marketed in Washington be concurrently marketed to the general public and all real estate brokers. …

The post Washington Private Listing Law Goes Into Effect as NWMLS Denounces ‘Gatekeeping’ appeared first on RISMedia.

A six-year legal battle over a stolen commission in Miami-Dade County concluded last month with a jury awarding a broker $47.8 million in damages, one of the highest wherein a jury authorized and awarded punitive damages in a Florida broker commission dispute, according to the plaintiff’s attorney. The case dates back to 2018, long before…

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As we usher in the next phase of artificial intelligence in real estate, Lofty is shifting the focus from siloed, task-oriented tools to proactive, goal-oriented autonomy with Lofty AOS—the industry’s first agentic AI operating system.   While most AI used by agents and brokerages has, until now, primarily responded to prompts and offered insight—still requiring manual…

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Above, from left, Ginger Holmes and Tonya Hamilton Ginger Holmes Owner/Managing Broker Tonya Hamilton Vice President, Relocation and Business Development Berkshire Hathaway HomeServices Woodmont Realty Brentwood, Tennessee  https://www.bhhs.com/woodmont-realty-tn301  Region served: Middle Tennessee  Years in real estate: 35 (36 as a company) Number of offices: 2 Number of agents: Approx. 120  Favorite relationship-building strategy: Stay in…

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Following a slight average mortgage rate increase this week, economists are pointing to a slow summer housing market ahead and even a possible interest rate increase, but recent housing reports show the market continues to hold steady.  The average 30-year fixed mortgage rate increased to 6.52% from 6.48% last week, according to the latest Primary…

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