By NICOLE MURRAY “Marry the house, date the rate” seemed like a reasonable homebuying strategy when economists were predicting mortgage rates would drop in 2024 and beyond. But now, looking into 2025, it seems like higher rates are here to stay. The economic research team at Realtor.com says mortgage rates will average 6.3% across 2025…
Industry titan Dean Kelker will retire from his role as senior vice president and chief risk officer of SingleSource Property Solutions. Kelker, who spent more than ten years at SingleSource over the span of a 40-year career, will officially retire Dec. 31. “Dean has had an enormous impact on the mortgage business during his 39-year…
By NICOLE MURRAY The holiday season is upon us, but that does not mean the world of real estate comes to a standstill. “There is still activity and people will always need to move,” said Jules Zaphire, a real estate professional at The Pantiga Group. “From my experience, the week between Christmas and New Years…
By KIMBERLEY HAAS The question of whether technology alone can eliminate racial bias during the home appraisal process came up during a hearing held in Washington, DC, on Wednesday. The Federal Financial Institutions Examination Council’s Appraisal Subcommittee was holding its third public hearing when the topic was discussed. Member JeanMarie Mattingly, who serves as deputy…
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