NAR Secures Major Wins for Real Estate in Landmark Tax Reform Bill
July 03 2025 | |
“For months, REALTORS® across America have been at the forefront of tax reform, making sure Congress understood that homeownership is not only the cornerstone of the American Dream but a foundation for building wealth and strengthening communities,” said Shannon McGahn, NAR’s executive vice president and chief advocacy officer. “We delivered that message backed by original research, trusted polling data, and the real-world expertise of more than a million REALTORS® living and working in every ZIP code in America.”
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Title Resources Group Announces Executive Management Transition
July 03 2025 | |
Title Resources Group (TRG), the nation's fifth largest title insurance underwriter, announced today the appointment of 30-year industry veteran Kevin Wallas Chief Executive Officer and member of the Board of Directors. Concurrently, J.Scott McCall, the company's current Chief Executive Officer, will assume the position of Vice Chairman of the Board of Directors. Both executive leadership changes will be effective as of July 28, 2025.
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Mortgage Applications Increase in Latest MBA Weekly Survey
July 02 2025 | |
“Mortgage rates were lower across all loan types last week, with the 30-year fixed rate declining to its lowest level since April at 6.79 percent. This decline prompted an increase in refinance applications, driven by a 10 percent increase in conventional applications and a 22 percent increase in VA refinance applications,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “As borrowers with larger loans tend to be more sensitive to rate changes, the average loan size for a refinance application increased to $313,700 after averaging less than $300,000 for the past six weeks."
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Rocket Companies Completes Acquisition of Redfin
July 01 2025 | |
The companies also today introduced Rocket Preferred Pricing. Clients who finance their home through Rocket Mortgage and buy a home listed by a Redfin agent or purchase with the help of a Redfin agent will have a one percentage point reduction in their interest rate for the first year of their loan or receive a lender credit at closing, up to$6,000.
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