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Mortgage Mix: Buyers Turning to ARMs Due to Elevated Rates; Compass Expands Its Mortgage Business

USA Real Estate News-RISMedia - Fri, 2026-11-06 14:18

Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: While mortgage rates had hit a peak and were nearing the high-end of the 7% range, they have now decreased for the third straight week to 7.18% for the 30-year fixed-rate mortgage and…

The post Mortgage Mix: Buyers Turning to ARMs Due to Elevated Rates; Compass Expands Its Mortgage Business appeared first on RISMedia.

AGNT Posts 6% Revenue Growth in Q3, Expects ‘Difficult’ Market Into 2027

USA Real Estate News-RISMedia - Fri, 2026-11-06 12:57

AGNT, the parent company for eXp Realty and NextHome, posted revenue growth despite economic headwinds of high rates and sluggish home demand, the company announced during an earnings call Thursday. Closed real estate sales transactions reached 131,000 in the third quarter of 2026, up 8% year-over-year, alongside a 10% jump in sales volume to $59.3…

The post AGNT Posts 6% Revenue Growth in Q3, Expects ‘Difficult’ Market Into 2027 appeared first on RISMedia.

Compass ‘Welcomes’ Open Real Estate, Sees Record Quarterly Earnings

USA Real Estate News-RISMedia - Fri, 2026-11-06 12:54

As Open Real Estate makes headlines around the future of listing flow and control, Compass CEO Robert Reffkin addressed the initiative in the company’s third quarter earnings call, saying Compass “welcome(s) this change.” Reffkin said that Open Real Estate’s plan “actually validates” Compass’s messaging over recent years, and he is “excited to see the four…

The post Compass ‘Welcomes’ Open Real Estate, Sees Record Quarterly Earnings appeared first on RISMedia.

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