Guaranteed Rate Affinity appoints new mortgage lending VP

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending.Rawls is the latest addition to a leadership team of seven executives at the developing company. Guaranteed Rate Affinity was formed
Read MoreeXp Realty snags 36-agent team in Maine

eXp Realty continues to add agents and teams at a fast clip. The company announced the addition of the Maine-based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year.The team is led by Steven Brackett, who has been part of Realty
Read MoreU.S. retirement preparedness is lacking: Morningstar

A new study from Morningstar focused on U.S. retirement readiness illustrates that while there has been some improvement over time, general retirement preparedness is lacking.Using data from the Federal Reserve’s Survey of Consumer Finances, Morningstar researchers analyzed data from 3,442 household
Read MoreHigher mortgage rates keep the market subdued even as more sellers list their homes

Mortgage rates continue to rise, serving as a bucket of cold water for lenders and consumers that were warming to lower borrowing costs just a few months ago.According to HousingWire‘s Mortgage Rates Center, the average 30-year conforming rate was 6.61% on Tuesday. That was up 15 basis points (bps)
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