Mortgage Mix: Rates Remain Elevated; Wells Fargo Pursues Partnership With 3D Home Printer

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. As of Thursday, May 28, mortgage rates remained elevated compared to past months, but still fell to their lowest point since May 14. However,

Best Buyer’s Markets Heading Into Summer: Here’s Where Home Shoppers Hold the Cards

Just in time for the busy summer homebuying season, the list of confirmed buyer's markets among the nation's largest metros has grown to 10, up from eight last month—although regional divides remain stark.    According to the latest update to the Realtor.com® Market Clock, there are now nine buyer's

PCE Report: Inflation Up in April, Making Rate Cuts Less Likely

Inflation in April rose to 3.8% year-over-year, up from 3.5% in March, according to the Personal Consumption Expenditures (PCE) Index, released May 28, which is the Federal Reserve’s preferred gauge of inflation. That likely puts a damper on the Fed lowering interest rates, as their stated goal has

CoStar Group to Acquire Zonda in $800 Million Deal

CoStar Group announced it has entered into a definitive agreement to acquire Zonda, a leading provider of new home construction data, builder software and residential real estate marketplaces, in an $800 million all-cash transaction.  According to a release, the acquisition significantly expands CoS