Sat.Feb 08, 2025

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Better mortgage spreads are capping rates in 2025

Housing Wire

Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs , and the leadership of the Treasury , mortgage rates remained calm. Better mortgage spreads are limiting how high rates can rise in 2025. This situation contrasts with the challenges the market faced in 2023, during the banking crisis when the Federal Reserve was still raising rates.

Mortgages 489
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Brokerage Beat: News from Compass, The Agency, C21, more

Real Estate News

Compass nabs $10B team; The Agency opens 3rd office in Washington state; C21 gains multiple affiliates; Real grows in Alberta; NextHome adds NC office; more.

Brokerage 258
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John Burns: The ‘California exodus’ storyline is coming to an end

Housing Wire

Some housing industry observers wouldn’t hesitate to mention Southern California when asked about the most competitive real estate markets. But despite rising home prices and stiff competition, a new report from John Burns Research & Consulting (JBREC) says it’s time to close the curtain on the “California exodus” narrative.

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'Unfiltered': Agents, the worst is behind us — here’s what to do now

Real Estate News

Watch the conversation as Chris Heller, influential agent turned top exec at companies like OJO/Movoto and Keller Williams, breaks down the keys to success.

Agents 202
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The 2025 Real Estate Roadmap to Success

Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Sherry Chris urges brokers to stick with NAR in 2025

Housing Wire

In this week’s episode of the Power House podcast, host Diego Sanchez sits down with a close observer from within the National Association of Realtors (NAR). Sherry Chris , special advisor to NAR CEO Nykia Wright , joins the show to discuss the trade association’s response to post-settlement changes and challenges in 2025. This episode has been edited for length and clarity purposes.

Staging 202
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Top 5 Stories on Brownstoner This Week: A Reno Refreshes a Windsor Terrace Beauty

Brownstoner

The Rise and Fall of Downtown Brooklyn's Dazzling Emporiums Downtown Brooklyns Fulton Street has long been a shopping mecca, home to large department stores and specialty retailers alike. An early 20th century shopper could stroll along the street and find everything from furs to furniture. Weve dug into the 20-year catalog… Read More > The post Top 5 Stories on Brownstoner This Week: A Reno Refreshes a Windsor Terrace Beauty appeared first on Brownstoner.

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The peril and promise of real estate leadership: The Download

Inman

Catch up on the drama coming out of Vegas Realtors, then hear from some of the real estate industry's heaviest hitters on business building, branding and Clear Cooperation.

Branding 147
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Today’s Mortgage Rates February 8, 2025: Rates Rise After Jobs Report

Marco Santarelli

Mortgage rates today, on February 8, 2025, have experienced a slight increase, averaging around 6.60% for a 30-year fixed mortgage. This uptick comes on the heels of a strong employment report indicating that the economy remains robust. Such economic indicators have driven investors to reassess their expectations for future rate cuts by the Federal Reserve.

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Project 2025 architect Russell Vought takes over CFPB

Housing Wire

Russell Vought, an architect of Project 2025 and the current head of the Office of Management and Budget (OMB), is the new acting head of the Consumer Financial Protection Bureau (CFPB), the Wall Street Journal reported late Friday night. Vought emailed top staffers at the agency to inform them that he’d been named acting director, the Journal reported.

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Mortgage Rates Expected to Rise Further Due to Strong Jobs Data

Marco Santarelli

Are you dreaming of buying a home and eagerly awaiting lower mortgage rates? Well, the latest January jobs report might have thrown a bit of a wrench into those plans. While the report isn't all bad news, it suggests that the Federal Reserve is less likely to cut interest rates soon, which means mortgage rates are likely to remain elevated in the near term.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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A timeline of what’s happening at the CFPB under Trump

Housing Wire

President Trump’s shake-up of the Consumer Financial Protection Bureau continues. On Friday night, Russell Vought , the architect of the Project 2025 plan and the newly confirmed director of the White House Office of Management and Budget, emailed top staffers at the CFPB to inform them that hed been named acting director, according to the Wall Street Journal.

Mortgages 264