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Refinance wave builds with Fed rate cut on the horizon, but how big will it be?
Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut in September.
Stephen Miran may join the Fed before the next vote on interest rates
Trump and other officials are keen to install Miran ahead of next week’s Federal Open Market Committee vote on interest rates as the president continues his battle with Fed Chair Jerome Powell.
Jason Mitchell Group, Redfin’s Partner Program team up
The Jason Mitchell Group announced a partnership with Redfin’s Partner Program, giving JMG agents access to Redfin leads
Lock volume sinks as high mortgage rates crush refinancing activity
According to a report from Optimal Blue, total rate-lock volume in May decreased by 5.87%, driven by a drop in refinancing.
Mortgage credit availability rises to highest level in nearly three years
The Mortgage Credit Availability Index rose by 2.1% in May to a reading of 105.1, indicating that lenders loosened credit supply.
Legacy Group Capital expands consumer financing solutions
Legacy Group Capital’s new consumer solutions include a buy-before-you-sell solution, custom construction and renovation and remodeling.
Zillow vs. Homes.com: Experts speak on contrasts, agent benefits
Experts point to questions regarding agent support, lead ownership and consumer experience as being at the heart of debate.
NAR board approves changes to hate speech code
The policy is now in line with NAR’s code of conduct and it only applies to members when they are functioning as real estate professionals.
