More Homeowners Turn to Cash-Out Refinancing

Homeowners tapped record equity in Q2 cash-out refinances, averaging $94K each. Monthly payments rose $590 as refinances made up 60% of loans.

Building a Smarter Social Media Calendar

Agents can plan their social media content with a calendar to stay consistent. Be sure to set clear goals and choose engaging formats.

Long-Term Mortgage Rate Hits 10-Month Low

Rates on 30-year mortgages fell to 6.56% from 6.58% last week while rates on 15-year mortgages held steady at 5.69%.

Will a Rate Cut Lower Mortgage Rates?

Fed rate cuts may not lower mortgage rates right away, as they follow long-term Treasury yields. Prices may still sideline buyers.