Mortgage Rates Back Near Long-Term Highs
To be fair, mortgage rates haven't been far from their long-term highs in over a week, but today's 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd. Higher rates are driven by weakness in the bond market. The latter can happen for m
How Compass used technology to chart its course to the top
In 2017, Kyle Talbott and his wife Karen Talbott, who make up the Corcoran-brokered Talbott Team, were considering a move to Compass, after talk about the then 5-year-old brokerage’s technology had caught their attention. “We had a preview of the system that Compass started putting together back the
Regional Divide Persists as Home Price Growth Edges Higher in May
Home price appreciation remained modest in May, according to data from both FHFA and the S&P Cotality Case-Shiller Home Price Indices . Although both reports showed annual price growth improving slightly from April, appreciation continued to trail inflation, underscoring a housing market where eleva

Pamela Heman
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