Morning Roundup (1/31/25) – Open House Tips

Good Morning! Today is Friday, January 31. Investigators found the black boxes from the Washington midair collision. Russia is closing in on Pokrovsk, a key Ukrainian city. President Donald Trump says he will impose his tariffs over the weekend. The Mortgage Note Reports Open Houses: Hosting successful open houses are a huge determining factor of a realtor’s success. Writer Nicole Murray has all of the dos and don’ts. Rates Don’t Budge: Rates stayed basically flat last week, sticking around 6.95%. Lender Expansion: John Porath joined Evergreen Home Loans to lead its expansion into the Southeast. |
Quote Of The Day “Driven by these higher rates and a persistent supply shortage, affordability hurdles still exist for many homebuyers and a significant number of them remain on the sidelines.” Sam Khater, Freddie Mac’s Chief Economist |
In other mortgage and housing news… Independent?: Jerome Powell said that politics had not prompted the Fed’s decision to leave a global climate-focused group, and would not affect its interest-rate calls. PCE: The Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation measure, showed core prices increased as expected in December. Lock-In Breaks: A growing number of homeowners listed their homes for sale in January, a sign that the stubborn “lock-in” effect is finally beginning to ease. Company News: Homebuilder Trumark acquired Icon Lending in Fresno; iEmergent released four new dashboards for its mortgage platform. Lawsuit Update: Mr. Cooper agreed to settle a lawsuit alleging that the company violated servicing laws and led borrowers into foreclosure. Star Power: WNBA star Angel Reese paid off her mother’s mortgage as a birthday gift. |