What happens to the housing market when mortgage rates finally come down?

Is it darkest before the dawn? If we look at the housing market right now, sales are down, new listings are down and prices are decelerating. But if we look at the data right now, things look the most bullish they’ve been all year. Good inflation data came in last week, the bond market rallied and m
Read MoreTop New Jersey team joins Compass

In addition to welcoming new agents in Florida and Colorado, Compass announced Monday that Soha Fontaine and her team, Team Soha, are making the move over from RE/MAX.The Hoboken, New Jersey-based team was previously brokered at RE/MAX Select and Fontaine has been with the RE/MAX brand for two-plus
Read MoreMoxiWorks lays off employees a month after naming new CEO

A little over a month after technology startup executive Eric Elfman replaced MoxiWorks founder York Baur as CEO, the real estate technology platform provider appears to be undergoing a round of layoffs. Impacted employees at MoxiWorks took to LinkedIn last week to discuss the layoffs and share thei
Read MoreMortgage rates head lower, helped by better mortgage spreads
In 2023, following the collapse of Silicon Valley Bank, the spreads between the 30-year mortgage and 10-year yield were at their worst, leading to new cycle highs. This meant mortgage rates were significantly higher than average. However, this year, we’re seeing a different trend with the spreads: t
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