Rocket funding 2-year rate buydowns for low-income buyers

Lender creates and funds an escrow account that's used to cover the difference between the full monthly mortgage payment and the payment with the reduced rate until the buydown expires.

Which companies saw ‘rich and famous’ cash flow in H1 2024?

Portals remain some of the most profitable businesses in real estate, while brokerage company profitability is more business model-dependent.

Case-Shiller Index keeps breaking records as HPI growth curbs pace

Although home price growth is slowing, S&P CoreLogic's report also showed that first-time homebuyers are being impacted most by rising prices, since in the last five years, prices in the lower end of the market have risen more quickly than other tiers.

What homebuyers can expect now: Mandatory consults, exclusive reps

As real estate's new reality takes shape, buyer agents are exploring new ways to streamline processes and communicate effectively with clients, The Medford Team CEO Carl Medford writes.