American homeowners are struggling to keep up with their mortgage payments as delinquencies climbed 16 basis points in August, according to the ICE Monthly Mortgage Monitor Report released Oct. 6. Despite some brief summer declines, the delinquency rate climbed to 3.43% in August, up 10 basis points from a year ago, ICE reported. It’s worth…
The Jason Mitchell Group (JMG) has announced the addition of Roam into its network of B2B partnerships. Roam’s service allows homebuyers find homes with assumable mortgages, speed up the closing process and allow buyers to find more affordable rates that might not be accessible otherwise. “JMG is proud to partner with Roam, who provide world-class…
The Better Homes and Gardens® Real Estate brand has announced its newest affiliation in North Carolina. Better Homes and Gardens Real Estate Integrity Partners, the newly affiliated firm, is headquartered in downtown Asheville. The brand says this affiliation complements its existing footprint in the region, with many nearby offices that already serve Asheville and its…
Above: Walther Vasquez Johnson, an agent with Sterling, Virginia’s J&C Real Estate Solutions, is RISMedia’s 2025 Rookie of the Year winner. Photos by AJ Canaria. Behind many a successful real estate agent is the story of what might have been. A fork in the road that could have resulted in a very different outcome. In…
Federal Reserve Governor Michael S. Barr warned Thursday that the central bank’s battle against inflation is far from over, with price pressures expected to persist until 2027, as rising tariffs continue to ripple across the economy. Speaking at the Economic Club of Minnesota, Barr said the Federal Reserve continues to face elevated risks on both…
Universal Consulting Opportunities (UCO), a subsidiary of Stellar MLS, has announced an alliance with the Confederación Inmobiliaria Latinoamericana (CILA), a private international organization representing 700,000 real estate professionals in Latin America, to deliver Multiple Listing Service (MLS) expertise and education across the region. With this agreement, CILA and UCO will work to elevate real estate…
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…
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