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.,…
Editor’s Note: The RISMedia series Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. ROAD to Housing Act back on the table An amended version of the housing omnibus bill currently known as the 21st Century ROAD to Housing Act has once more passed the House of Representatives.…
When a homeowner owes more on their mortgage than the property is worth, they’re considered “upside down” or in a negative-equity position. And these situations are more common than many agents realize. As of Q3 2025, 2.8% of all mortgaged residential properties in the U.S. were considered seriously underwater, meaning the combined loan balances were…