July 2024

Mortgage Rates in U.S. Dip in Late June

Based on Freddie Mac's latest Primary Mortgage Market Survey, the U.S. 30-year fixed-rate mortgage averaged 6.86 percent as of June 27, 2024. Sam Khater "The 30-year fixed-rate mortgage continues to trend down, hitting the lowest level in almost three months," said Sam Khater, Freddie Mac's Chief Economist. "By historical standards, the economy is in good shape, and we expect rates to continue to come...

Sotheby’s affiliate adds senior VP to oversee Florida, North Carolina projects

Naples, Florida-based Premier Sotheby’s International Realty is shaking up its C-suite. On Monday, the firm announced that Adam Kaufman will be joining the firm as the senior vice president of the firm’s new development division. In this role, Kaufman will oversee sales and marketing efforts for the company’s new development projects across Florida and North Carolina. Additionally, he will also...

Why digital marketing is important for lenders and loan officers

97% of consumers search for local businesses online, and 78% of marketers report that digital marketing significantly increases business revenue. If you’re not leveraging digital marketing in today’s mortgage landscape, you’re missing out on a significant opportunity.  In our fast-paced, technology-driven world, digital marketing has become an essential competitive advantage for mortgage loan...

Guaranteed Rate announces its rebrand to ‘Rate’

Chicago-based Guaranteed Rate, one of the country’s largest mortgage lenders, has rebranded to Rate. The company made the announcement Monday on social media. “Today, we’re rebranding as Rate,” the company posted on LinkedIn. “Just like our streamlined name, we’re committed to making the mortgage process smoother, faster and smarter, using AI to empower both customers and loan officers...

Anywhere senior executive makes the move to Lamacchia Realty

Massoud Atallah is leaving Anywhere Real Estate to join Lamacchia Realty. On Friday, the Anthony Lamacchia-helmed firm announced that Atallah had recently joined Lamacchia Realty as its new senior vice president of business development. According to the new release, Atallah will focus on agent recruiting and retention, with a goal of growing the firm in both New England and Florida. “I am very...

What to expect in the real estate market the rest of the year

The last week of June is really the peak of the homebuying season. Activity and prices typically start their seasonal decline very closely tied to the transition into the third quarter of the year. This coming week includes the July 4 holiday, which falls on Thursday, so the coming data will have a dip across the board. Inventory, new listings, etc. all dip over Independence Day, and the second half...

Moby’s former Los Angeles castle — known as Wolf’s Lair — lands on the market for $15M

A Los Angeles property with a castle-like design, a century-old history, and a famous past owner is now up for grabs, and it has so many interesting things going for it that we don’t even know where to start. Built back in 1927 for a Hollywoodland developer and art director, the whimsical compound has miniature turrets — said to have served as a home for the original owner’s pet monkey — and...

10 Spots You’re Probably Forgetting to Dust in Your Home

Give these neglected surfaces and materials a good wipe-down before the dust bunnies get too big. 10 Places You're Forgetting to Dust That Could Be Affecting Your Home's Health Dust off these overlooked spots to keep your home clean and allergen-free. One household chore you shouldn't procrastinate for too long is dusting. A few dust bunnies might seem harmless, but that powdery buildup can harbor...

When Are Figs Ripe and Ready to Pick? 10 Tips for Harvesting the Sweetest Fruit

Here's how to tell when figs are ripe so you can time your harvest perfectly. Ed Gohlich Unlike other types of fruit, figs don’t ripen well off the plant. So when are figs ripe and how can you tell when to pick the fruit? There are several clues to look for so that you don't end up with either a hard, bland harvest or overly ripe, mushy fruit. Whether you grow figs in pots or outside in the...

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