The bond market's response to economic and political conditions — in particular, concerns about deficit spending and inflation stemming from Trump administration proposals — is also having an effect, said Selma Hepp, chief economist at CoreLogic.
Ashley Yarabinec, Director of Member Relations at the Mortgage Bankers Association (MBA), noted that her generation knows how to use technology effectively, "but if the industry doesn't embrace that and bring in younger professionals, they'll fall behind.
The events of the past few years have been a shock to the system for residential real estate: Lawsuits that have changed how agents get paid and challenged their value, a frozen housing market, NAR upheaval.
