USA Real Estate News-RISMedia

Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: Mortgage rates continue to reach new highs each week, quickly climbing in the 7% range and hitting a “nearly three year high,” as noted by Mortgage Bankers Association (MBA) President and CEO Bob…

The post Mortgage Mix: Rates Rise to Mid-7%; Garg Celebrates Win Over Better appeared first on RISMedia.

At Salt Lake City’s eXpcon on Oct. 8, eXp Realty and Newrez announced a new mortgage joint venture, Revenos Mortgage. According to a release, the project is powered by Newrez and designed to serve eXp Realty agents and their clients. The joint venture brings together eXp’s national brokerage scale and agent network with Newrez’s mortgage…

The post eXp Realty and Newrez Announce Revenos Mortgage Joint Venture appeared first on RISMedia.

At Salt Lake City’s eXpcon on Oct. 8, eXp Realty and Newrez announced a new mortgage joint venture, Revenos Mortgage. According to a release, the project is powered by Newrez and designed to serve eXp Realty agents and their clients. The joint venture brings together eXp’s national brokerage scale and agent network with Newrez’s mortgage…

The post eXp Realty and Newrez Announce Revenos Mortgag Joint Venture appeared first on RISMedia.

The number is getting worrisome for buyers. This week Freddie Mac posted the new mortgage rate of 7.40%. Gulp. That’s a three-year high.  Luckily for Americans with imperfect credit they have more mortgage routes to investigate, but the easiest lender to say yes may also be the most expensive one to repay. For buyers already…

The post Buying With Weak Credit: Financing Options From First to Worst appeared first on RISMedia.

The number is getting worrisome for buyers. This week Freddie Mac posted the new mortgage rate of 7.40%. Gulp. That’s a three-year high.  Luckily for Americans with imperfect credit they have more mortgage routes to investigate, but the easiest lender to say yes may also be the most expensive one to repay. For buyers already…

The post Buying With Weak Credit: Financing Options From Best to Worst appeared first on RISMedia.

Above, Alex Vidal, right, and John Featherston at RISMedia’s CEO Exchange. Photo by AJ Canaria.  Five months after the April announcement of the Real Brokerage acquiring the iconic REMAX brand, Alex Vidal, former president of ERA Real Estate, was announced as the new president of REMAX in September.  Bringing nearly three decades of experience in…

The post Vidal Discusses ‘Opportunity of a Lifetime,’ What’s Next for REMAX appeared first on RISMedia.

In an effort toward making credit evaluations simpler and more borrower-friendly, mortgage lender United Wholesale Mortgage (UWM) has announced a process enhancement that automatically selects the best credit score returned for a consumer by obtaining FICO® Scores and VantageScore® 4.0 on all credit pulls. The firm says the move will ensure it provides the borrower…

The post UWM Announces Lender Now Defaults to Borrowers’ Best Credit Scores appeared first on RISMedia.

Above, Glenn Sanford, left, and Leo Pareja eXp Founder Glenn Sanford, chairman and chief executive officer of AGNT, Inc.—the parent company of eXp Realty and NextHome Inc.—announced Thursday that eXp CEO Leo Pareja will take the reins of the parent company, according to a news release.  The leadership transition “marks the next phase of its…

The post eXp’s Leo Pareja to Lead AGNT as Glenn Sanford Steps Down appeared first on RISMedia.

Almost 14 million homes are expected to be released by aging Americans into the market over the course of the next decade. This mass wave of relinquishment, sometimes termed the “Silver Tsunami,” may bring hope for a woefully under-supplied housing market and thereby also relieve some of the affordability pressures that have weighed on the…

The post ‘Silver Tsunami’ Will Release 13.9 Million Homes Into the Market. What Will It Do for Homebuyers? appeared first on RISMedia.

Above, Sara Bronin Global tensions and economic pressures pushed builder sentiment lower this past September, but a new platform may offer respite for developers, researchers and property owners. Land Use Labs—a zoning data and services company—launched early last week with six data products aimed at providing accurate zoning information. Founder Sara Bronin, a George Washington…

The post Zoning Data Company Land Use Labs Launches to Standardize Zoning Codes Across Six Key Products appeared first on RISMedia.

It’s the invisible backbone that powers consumer access to real estate listing data. But, oftentimes, the Multiple Listing Service (MLS) and its interests get overlooked amid bitter legal battles over broker cooperation rules and intense debates over AI and listing data control. But Jessica Edgerton, the new CEO of the Council of Multiple Listing Services…

The post MLS Leaders Look to Shape Future of MLS Policy Through Advocacy appeared first on RISMedia.

Above, Jillian Young When you’re running a brokerage with more than 1,500 agents producing $3 billion-plus in sales volume and over 5,000 transaction sides per year, technology isn’t just a nice-to-have—it’s the engine that powers everything. For Jillian Young, president of Premiere Plus Realty, that reality became crystal clear as her organization continued to scale.…

The post Building a Premium Engine: How Premiere Plus Realty Found the Right Tech Partner for Scale appeared first on RISMedia.

Iowa-based NoCoast MLS and Chicagoland MLS MRED today announced a new partnership that they say will further connect real estate professionals throughout the Midwest, as MRED continues to pursue a national (and potentially international) expansion of its platform. Created by Iowa REALTORS®, NoCoast MLS serves approximately 1,300 real estate professionals through five participating REALTOR® associations…

The post MRED Partners With Iowa-Based NoCoast MLS as Part of Platform Expansion appeared first on RISMedia.

The mid-September Federal Reserve Open Market Committee (FOMC) meeting came with a unanimous vote to hike interest rates, after many economists predicted that outcome. Minutes from the meeting released today, however, reveal some of the thinking behind that decision. The minutes offer a closer look at the reasoning behind the Fed’s rate hike. Based on…

The post Notes From Fed Meeting Cite AI, Tariffs and Geopolitical Conflicts for Rate Hike appeared first on RISMedia.

New Zillow research found that where a six-figure earner lives can be the difference between renting a four-bedroom house with a yard and a 650-square-foot apartment. A $100,000 salary is a meaningful advantage in today’s rental market, translating directly into more space, more options and more financial breathing room. But earning six figures doesn’t offer…

The post $100K Rents a House in Memphis, a One-Bedroom in San Jose appeared first on RISMedia.

Borrowers looking to purchase or refinance their homes continue to sit on the sidelines, hesitant to make a move as mortgage rates sailed past the seven-percent mark and arrived at their highest level in almost three years–at one point hitting 7.49% last week. The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure…

The post Buyers Continue Holding Back; Refinance Applications Hit Lowest Point Since 2025 appeared first on RISMedia.

WASHINGTON, D.C.—Housing has been on a rollercoaster ride in the last two years, and 2027 is shaping up to be more of the same. Even though real estate has certainly seen its down cycles, this time is different, a leading economist told real estate executives last Friday at RISMedia’s 38th Annual CEO & Leadership Exchange.…

The post As Housing Picture Dims, Agents Should Use Local Data to Tell the Right Story: Bright MLS Economist appeared first on RISMedia.

Higher mortgage rates are reshaping the fall housing market, pushing more sellers to reduce prices while fewer buyers move forward with a purchase, according to the recently released Realtor.com® September 2026 Monthly Housing Trends Report. The share of active listings with a price reduction rose to 20.8% in September, up 0.9 percentage points from a…

The post Price Cuts Reach September Record as Inventory Nears Pre-Pandemic Levels appeared first on RISMedia.

One day after Compass’s deadline for MLSs to change rules or get sued, another listing service is defying the mega-brokerage, with Texas-based Unlock MLS alleging Compass mischaracterizes its rules—and has also privately praised those same policies before threatening litigation. In a letter from Ellen Sessions, a lawyer representing Unlock, addressed to Compass and dated Oct.…

The post Another MLS Defies Compass, Says Brokerage Privately Endorsed Rules appeared first on RISMedia.

As mortgage rates surpass the 7% threshold and revisions to the latest jobs report reveals a lackluster employment trend, buyers have continued to traverse a chaotic market with rising inflation against them. Yet, a recent study by nationwide mortgage lender and loan servicer Newrez reveals that despite financial struggles, homeowners are still confident in their…

The post Report: Homeowners Confident in Making Mortgage Payments, Even as Credit Card Debt Grows appeared first on RISMedia.