Sat.Nov 04, 2023

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Have mortgage rates peaked for this cycle?

Housing Wire

After mortgage rates spiked to 8% in October, causing a riot in the real estate industry, we had an epic move lower in mortgage rates last week. Does this mean we’ve hit the peak in mortgage rates for this economic cycle? The history of economic cycles and mortgage rates would say yes, but only if the market believes the Federal Reserve is done hiking rates and being hawkish and the labor data gets softer from here.

Mortgage 500
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Don’t believe the doomsayers — buyer agency is here to stay

Real Estate News

Following the Sitzer/Burnett verdict, the internet has been buzzing about the end of buyer agency. Industry expert Russ Cofano says that's just a lot of noise.

Buyers 312
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Great questions are the key to winning negotiations

Inman

Some negotiations go beyond the deal itself. Learning to effectively navigate them can positively impact your productivity and growth, writes broker Nick Schlekeway.

Clients 195
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Brokerage Beat: News from Christie's, ERA, Century 21, more

Real Estate News

Christie's expands in NorCal, Caribbean; ERA and C21 gain affiliates; CB Warburg nabs luxury agent; $4B Canadian team joins eXp; new leaders at Corcoran; more.

Brokerage 230
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Seeing Greene: Rehab Costs, Renting vs. Owning, and The END of Real Estate?

BiggerPockets

Could the end of real estate investing already be upon us? How do you know how much to spend on a renovation before buying a house?

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Home Buyers: Don't Be Fooled By The 20% Down Payment Myth

Buys Brokers Only LLC

Prospective Massachusetts first-time home buyers have a variety of home loan programs to help them buy their first home with a low down payment, yet many new home buyers still believe they must have enough cash for a 20 percent down payment.

Buyers 56