July 2024

Names to Note: June 2024

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements within the REIT and publicly listed real estate...

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...

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...

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...

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...

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