The Federal Reserve held its benchmark interest rate steady at a target range of 3.5% to 3.75% on Wednesday, marking its third consecutive pause. With higher inflation fueled by geopolitical tensions and a resilient labor market, the central bank left no room for a rate cut — keeping mortgage rates elevated for the foreseeable future….
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Illinois Realtors members can now gain access to Midwest Real Estate Data (MRED). The Realtor association serving the Prairie State exclusively told HousingWire about this new partnership on Wednesday. The announcement comes less than a week after MRED announced that it was opening its multiple listing service, including its Private Listing Network (PLN), to any…
REMAX Holdings headquarters could shift from Colorado to Florida under an $880 million acquisition by The Real Brokerage announced Monday. The companies are set to combine under a new entity — Real REMAX Group — bringing together REMAX’s global franchise network and brand with Real’s AI-driven, cloud-based platform. The transaction calls for integrating REMAX’s Denver…
The pending acquisition of Two Harbors Investment Corp. would allow CrossCountry Intermediate Holdco to build the “perfect mortgage company” in the vision of founder Ron Leonhardt. “It actually allows us to control the borrower experience from start to finish,” Leonhardt said on stage during HousingWire’s The Gathering in Austin on Wednesday. “We are pot committed.”…