Mortgage rates level off, but is 6.5% the new normal?

Mortgage rates have soared in the past month, but market participants appeared to take a wait-and-see approach this week as they contemplate further price increases for home loans. On Monday, Mortgage News Daily reported that 30-year fixed rates averaged 6.43%, down 4 basis points in the past week.

DataTrace on AI’s reality, risk and responsibility in title search

DataTrace has released a new white paper examining how artificial intelligence (AI) is reshaping title workflows and where trusted data infrastructure remains essential. The paper, “Title Search Automation: Reality, Risk, and Responsibility of AI,” finds that while AI can improve speed and workflow

Real Brokerage adds 65-agent Equity Realty Group in Phoenix

The Real Brokerage Inc. added Arizona real estate leader Randy Anaya and his 65-agent team, Equity Realty Group, expanding the company’s footprint in Phoenix’s Southwest Valley, the company announced. Equity Realty Group, founded in 2009 as an independent brokerage, is known across Avondale, Goodyea

A new study says private listings beat the MLS. Here’s what it left out

Let me be straight with you. A research report is floating around out there from the University of Georgia, and some people in our industry are using it to make the case that private listings, homes sold off the MLS without full public exposure, actually get sellers a better price. The report is 56