When the Trump Administration floated the idea of merging Fannie Mae and Freddie Mac into a single “Great American Mortgage Corporation” and taking it public, the announcement didn’t come through a press conference or news release. Instead, the president himself shared it via social media, sparking intense speculation. It’s one of many examples emerging from…
Mortgage rates are falling, which could be a step closer to affordable homeownership for many buyers, especially those in high-cost areas, according to online loan marketplace LendingTree. Nationally, the average rate on a 30-year fixed mortgage was 6.68% in July this year, a drop from July 2024’s 7.19%. The average calculated monthly payment across the…
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. – Rocket, United Wholesale Mortgage (UWM) and 24 major lenders have been named in a lawsuit alleging price-fixing amongst the organizations. The suit alleges that the lenders collaborated with mortgage software provider Optimal Blue…
Corcoran Horizon Realty has announced the opening of its newest office in the city of Hamilton, Ontario, Canada. Led by CEO/broker of record Cliff Rego, this expansion is part of the brokerage’s continued growth across Ontario. Heading up the new Hamilton office as broker/managing partner is Marinus Geleynse, a real estate professional whose deep roots…
Blue Line Group, a team of real estate professionals in Antioch, California, has officially returned to the RE/MAX network, joining forces with REMAX Gold. Founded in 2010 by Mike Barbanica, originally REMAX Blue Line, the company says Blue Line Group has created a reputation for excellence and innovation. Under Barbanica’s leadership, the brokerage expanded to…
eXp Realty® has announced that the Slocum Home Team, a family-run Rhode Island real estate company with 76 years of history, has joined its global network. Founded in 1949 by George Slocum in Warwick, Rhode Island, the Slocum name has strived to represent trust, service and success in real estate. Spanning three generations, the team…
Above, Steven Cohen The Corcoran Group has announced that Steven Cohen and his team are rejoining the firm after five years at Douglas Elliman. The news was announced by Pamela Liebman, Corcoran’s president and CEO. Cohen and his team will be affiliated with Corcoran’s East Side office. With more than $2.45 billion in career sales,…
Agents are always looking for prime listing opportunities—and zombie properties are an often overlooked resource. These homes sit in limbo: the owner has abandoned them—often after a foreclosure notice—but the foreclosure was never completed. The bank doesn’t own them; the homeowner still does, and the property sits vacant, deteriorating and lowering neighborhood value. Unlike typical…
PropStream, a real estate data platform for investors and agents, is appearing at three major industry events across the country this October: BPCON 2025, Wholesaling Live, and eXpCon 2025. From Las Vegas to San Antonio to Miami, PropStream will be showcasing its latest product innovations, connecting with users and helping to empower real estate professionals…
Mortgage rates moved within expected patterns this week, edging down only slightly as the government shutdown reaches its ninth day. Last week, economists said rates were expected to remain within a tight range during the shutdown unless other unexpected developments emerge. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday,…
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