Consumer confidence toward purchasing a home increased in September to its highest level in more than two years due to the expectation of lower mortgage rates, according to Fannie Mae’s Home Purchase Sentiment Index (HPSI).  But that’s only an early sign that the market is shifting. Due to the expec

The top brokerage in the country by transaction side count, eXp Realty, has settled the commission lawsuits.The parent company of eXp Realty, eXp World Holdings, announced the settlement on Monday in a filing with the Securities and Exchange Commission (SEC). According to the filing, the firm offici

Rocket Companies tapped Papanii Okai, who previously served as chief technology officer at Venmo, as its executive vice president of product engineering.Okai’s hiring, effective Monday, is the latest in a string of hires to the Detroit-based lending company’s executive team since Varun Krishna becam

The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2% move lower since the highs of 2023 without rate cuts, as the bond market always gets ahead of the Fed. Since the Fed rate cu