Mortgage rates continued to move higher in the past week as geopolitical turmoil caused the 10-year Treasury yield to soar, although mortgage spreads remain well below their levels of 2024 and 2025. At HousingWire‘s Mortgage Rates Center, rates for 30-year conforming loans were at 6.77%, their highest point of the year. Rates for 30-year loans…
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Opendoor has launched its Cash Now, More Later product nationwide through a new partnership with RealScout, making RealScout the first lead nurture platform in real estate to integrate Opendoor cash offers directly into the agent workflow. The integration, which Opendoor calls a “grand reopening” for real estate agents, allows agents to present sellers with three…
Rocket Mortgage and Redfin, both part of Rocket Companies, on Tuesday announced an incentive program that offers eligible home buyers and sellers up to $20,000 in combined savings when using Redfin agents and financing through Rocket Mortgage. The program combines lender-paid credits from Rocket Mortgage with commission discounts from Redfin. The companies said the offering…
A federal courtroom in Chicago is about to settle a question the industry has avoided for years. Who decides where a home gets advertised? Tonight at 11:59 p.m. Central, the answer may be made for us, whether the judge rules in time or not. This is the week the Clear Cooperation debate stopped being a…