Mortgage Rates Ease Back Near 6%

Mortgage Rates Ease Back Near 6%

By Alex Veiga The 30-year mortgage rate slipped to 6.09% from 6.11% last week, while 15-year rates fell to 5.44%. Rates are expected to hover near 6% as spring buying begins. WASHINGTON — The average long-term U.S. mortgage rate is holding at just above 6% after...
U.S. Existing-Home Sales Down in January

U.S. Existing-Home Sales Down in January

U.S. existing-home sales fell 8.4% in January, including a 9% drop in the South. Prices hit a January high, while affordability improved and supply stayed tight. WASHINGTON — Existing-home sales decreased by 8.4% in January, according to the National Association of...
Deciding if a Platform Is Worth Your Time

Deciding if a Platform Is Worth Your Time

Buyers and sellers shape opinions on Reddit, TikTok and YouTube before calling. Realtors who show up where trust forms can win earlier in the decision cycle. WASHINGTON — New digital platforms tend to get attention in real estate long before it’s clear whether...
FinCEN Reporting Rule Takes Effect March 1

FinCEN Reporting Rule Takes Effect March 1

By Amy Connolly The FinCEN rule requires reports on certain all-cash sales involving entities or trusts, adding compliance duties for title companies and closing agents in some cases. WASHINGTON – A new federal reporting rule from the Financial Crimes Enforcement...
Helping Customers Move Past Market Anxiety

Helping Customers Move Past Market Anxiety

Buyers are delaying moves over rate and price worries. For agents, that means resetting expectations, correcting myths and stressing long-term value. NEW YORK — Housing markets across the country have cooled due to inflation worries and elevated interest rates, among...