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Mortgage Rates Still Going Up

USA Real Estate News-RISMedia - Thu, 2024-04-25 12:05

After exceeding 7% last week, the 30-year fixed-rate mortgage (FRM) continued to rise, this week averaging 7.17%, up from last week’s average of 7.10%, according to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday.  This week’s numbers:  The 30-year FRM averaged 7.17% as of April 25, 2024, up from last week…

The post Mortgage Rates Still Going Up appeared first on RISMedia.

Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million

USA Real Estate News-RISMedia - Thu, 2024-04-25 11:46

In a Q1 2024 earnings call Apr. 25, Anywhere Real Estate reported a $101 million loss for the quarter, continuing a downward, though not as deep, trend for the last few quarters. Generated revenue was $1.1 billion, which follows revenue of $1.250 billion in Q4 2023, down 6% from Q4 2022, when it was $1.323…

The post Anywhere Q1 Results: Slide Continues With Net Loss of $101 Million appeared first on RISMedia.

The last dance? Possible TikTok ban has been signed into law

USA Real Estate News-Inman - Thu, 2024-04-25 10:48
As the clock ticks down, TikTok faces a real threat of being banned in the U.S., with legislation already signed into law. Jessi Healey says this battle isn't just about an app but about the larger implications of social media, censorship and how we engage online in times of digital scrutiny.

Broker Spotlight: Nancy Almodovar, Nan and Co. Properties

USA Real Estate News-Inman - Thu, 2024-04-25 09:08
Find out how award-winning Houston broker-owner Nancy Almodovar differentiates her service and elevates her agents at Nan and Company Properties.

Growing real estate portal Movoto inks exclusive GreatSchools deal

USA Real Estate News-Inman - Thu, 2024-04-25 09:00
The deal will make Movoto the sole provider of some GreatSchools data. It also comes as portals compete to differentiate themselves.

Anywhere’s revenue holds steady in Q1 amid ‘tough’ housing market

USA Real Estate News-Inman - Thu, 2024-04-25 08:23
Generated revenue remained flat at $1.1 billion from the same period a year ago while the franchisor improved net losses by 27 percent year over year to a loss of $101 million, according to a Thursday earnings call.
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