Lety  SyCip

Lety SyCip

REALTOR®

License #: CA DRE 01066644

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Mortgage Rates Hit 3-Year High; Economists Foresee Stalling Market

USA Real Estate News-RISMedia - Fri, 2026-10-02 12:34

The Federal Reserve’s new interest rate increase will likely be felt throughout the real estate industry, with mortgage rates surpassing last week’s data highlighting a two-year peak. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.28%, up from last week’s average of 7.03% and up from last year’s…

The post Mortgage Rates Hit 3-Year High; Economists Foresee Stalling Market appeared first on RISMedia.

Labor Market Misses Projections; BLS Revisions Reveal a Downward Slope

USA Real Estate News-RISMedia - Fri, 2026-10-02 09:13

Unemployment continues to remain steady around the 4% range, according to the Bureau of Labor Statistics (BLS). The latest Employment Situation Summary from the BLS reports that the unemployment rate grew slightly—but not dramatically—to 4.2%, with the addition of 29,000 jobs. Previously, the unemployment rate sat at 4.1% for August. Categories like construction and manufacturing…

The post Labor Market Misses Projections; BLS Revisions Reveal a Downward Slope appeared first on RISMedia.

Regional Leaders Talk Success Strategies at CEO & Leadership Exchange

USA Real Estate News-RISMedia - Fri, 2026-10-02 08:58

Above, from left, Matt Widdows, founder and CEO, HomeSmart; Anthony Lamacchia, broker/owner and CEO, Lamacchia Realty, Inc.; DeAnn Golden, president and CEO, Berkshire Hathaway HomeServices Georgia Properties; and Tracy Hutton, CEO and owner, CENTURY 21 Scheetz. Photo by AJ Canarla. News coverage—both from mainstream media and real estate organizations—tends to focus on national trends. But…

The post Regional Leaders Talk Success Strategies at CEO & Leadership Exchange appeared first on RISMedia.

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