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Report: Lower Rates Could Save Borrowers Up to $2,500 Annually

USA Real Estate News-RISMedia - Fri, 2025-10-10 10:52

Mortgage rates are falling, which could be a step closer to affordable homeownership for many buyers, especially those in high-cost areas, according to online loan marketplace LendingTree. Nationally, the average rate on a 30-year fixed mortgage was 6.68% in July this year, a drop from July 2024’s 7.19%. The average calculated monthly payment across the…

The post Report: Lower Rates Could Save Borrowers Up to $2,500 Annually appeared first on RISMedia.

Mortgage Mix: Major Lenders Accused of Price-Fixing in New Lawsuit

USA Real Estate News-RISMedia - Fri, 2025-10-10 10:51

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. – Rocket, United Wholesale Mortgage (UWM) and 24 major lenders have been named in a lawsuit alleging price-fixing amongst the organizations. The suit alleges that the lenders collaborated with mortgage software provider Optimal Blue…

The post Mortgage Mix: Major Lenders Accused of Price-Fixing in New Lawsuit appeared first on RISMedia.

Think like an economist. Win like a real estate agent: Now Streaming

USA Real Estate News-Inman - Fri, 2025-10-10 10:13
Redfin Chief Economist Daryl Fairweather unpacks the economic principles behind the real estate industry to make agents more effective.
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