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Homebuyers and owners looking to refinance pushed the pause button again this week as rates soared over 7%, a move economists attribute to ongoing economic uncertainty and geopolitical forces, namely the continuing conflict in the Middle East.  The latest Market Composite Index from the Mortgage Bankers Association (MBA)—its measure of mortgage loan activity volume and…

The post Homebuyers Pausing Purchases as Rates Continue to Climb appeared first on RISMedia.

After their long-awaited meeting, the Federal Open Market Committee (FOMC) unanimously voted to raise federal funds rates by a quarter of a percentage point, moving the target range for interest rates 25 basis points, from 3.5%-3.75%, to 3.75%-4%. During a press conference following the meeting, Fed Chairman Kevin Warsh cited the data from this past…

The post Fed Unanimously Raises Rates With Housing Market ‘Losing Momentum’ appeared first on RISMedia.

Last night’s ruling in Zillow’s lawsuit against Chicago-based MLS MRED and mega-brokerage Compass represented a significant legal setback for the portal, even as the larger fight over policy and market power plays out on multiple fronts. A source close to MRED told RISMedia shortly after the court ruling that the MLS is prepared to enforce…

The post Zillow-MRED Ruling Leaves Questions as Parties Mull Next Steps appeared first on RISMedia.

Zillow and Compass are making headlines once again, potentially facing further complications due to a new letter signed by a coalition of leading consumer groups to the National Association of Attorneys General, calling for an investigation into the two company’s practices. The letter—penned by 19 consumer groups, including the Consumer Federation of America, the American…

The post Consumer Groups Target Zillow and Compass in Letter to State Attorneys General appeared first on RISMedia.

Aligning with recent data on faltering consumer sentiment and frustrations over elevated inflation, homebuilder sentiment fell in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report on Sept. 16. “The HMI shows builder confidence at its lowest level since September 2025, as tight lending conditions and elevated land, labor and…

The post High Prices, Immigration Crackdown Weigh on Homebuilders appeared first on RISMedia.

Above, Harma Hartouni Reimagining what’s possible in real estate, Los Angeles-based Equity Union was created to be a completely unique real estate company—one that treats agents like clients and is genuinely committed to their growth, success and satisfaction. Meeting agents and brokers where they are today while providing a pathway to a more successful tomorrow,…

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