Mortgage Rates Ease to Yearly Low
Rates on 30-year mortgages slipped to 6.3% from 6.34% last week, while rates on 15-year mortgages dropped to 5.53% from 5.55% last week.
Most Fed Officials Supported Rate Cuts
Fed minutes show most officials backed a September rate cut, noting rising unemployment risks and easing inflation, a move that could gradually lower mortgage rates.
Most Americans Use AI for Housing Market Info
A new survey found 82% of Americans use AI like ChatGPT and Gemini for housing insights, but agents remain the most trusted information source.
Remodeling Market Sentiment Improves in Q3
U.S. remodelers remain optimistic as the market stays positive, though growth is moderating amid high costs and cautious customer demand.
American Ranch House Makes a Comeback
Ranch homes are rising in popularity, up 44.7% in six years, as buyers seek single-level layouts, modern updates and enduring resale value.
Citizens Allows Flood Document Deferrals
Citizens is allowing policyholders to defer flood insurance paperwork after the federal shutdown paused the National Flood Insurance Program.
Shutdown’s Impact on Real Estate Programs
A government shutdown can disrupt services like flood insurance and FHA approvals. Advocacy Scoop discusses how NAR is responding to protect transactions.
Equity-Rich Homeowners on the Rise
Nearly 50% of mortgaged homes in the U.S. are equity-rich, creating potential opportunities and considerations for real estate professionals in a fluctuating market.
How AI Is Transforming Buyer-Agent Connections
Consumers are using AI to find local agents, so a strong digital presence, including an updated profile and positive reviews, are essential for visibility and trust.
Using Direct Mail Marketing Services for Sales
Direct mail marketing can connect agents with customers through tangible items like letters, flyers and branded gifts to boost engagement and ROI.