Mortgage rates fall to multiyear lows in time for spring housing market

Mortgage rates are at multiyear lows, whether you quote Mortgage News Daily at 5.99% or Freddie Mac weekly data at 5.98%. The drop has come at a good time, as the spring housing market is about to start, with more Americans looking to sell their homes and buy another. First-time homebuyers are looki

RealTrends Verified brokerage Rogers Healy and Associates merges with Compass

RealTrends Verified Dallas brokerage Rogers Healy and Associates (RHA) has merged with Compass, marking the end of an era for one of North Texas’ best-known independent brokerages and the start of a new chapter under the nation’s largest real estate brand. Founder and CEO Rogers Healy announced the

Mortgage Mix: Fed Vice Chair Pushing to Re-Center Community Banks in Mortgage Market

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. Michelle Bowman, a governor at the Federal Reserve and the Fed’s Vice Chair for Supervision, told the Senate Banking Committee on Thursday, F

6 Smart Moves Buyers Should Make Now That Mortgages Have Fallen Under 6%

The average 30-year mortgage rate dropped to 5.98% on Feb. 26, marking the first time in three and a half years that the 30-year fixed-rate mortgage has dropped into the 5% range. This is momentous, given for the last two years, the "6% mark" has served as a psychological and financial barrier for m