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Real estate brokerage leaders pessimistic about 2023

Real estate brokerage leaders pessimistic about 2023

by Third Party | Jan 15, 2023 | News/Current Events, Real Estate News

Source: MPA Mag —  Real estate brokerage leaders are rarely a pessimistic group, yet more than half believe the economy will deteriorate in 2023, according to a new report. The newly released Delta Real Estate Leadership Survey heard from more than 100 brokerage...
Buying and Selling Real Estate in Brazil (Updated)

Buying and Selling Real Estate in Brazil (Updated)

by Third Party | Jan 15, 2023 | International Real Estate News, Mortgage Information

Source: JD Supra—  This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended to...
Mortgages Update: Rising Costs Taking Toll On First-Time Buyer Finances

Mortgages Update: Rising Costs Taking Toll On First-Time Buyer Finances

by Third Party | Jan 14, 2023 | Mortgage Information, Real Estate News

Source: Forbes —  13 January: Higher Payments And Deposits Making Ownership More Difficult Monthly mortgage payments are taking a larger bite out of typical first-time buyer household outgoings, writes Laura Howard. Monthly mortgage payments now account for 39%...
Bank to pay $31M for avoiding mortgages to minorities, largest such settlement in U.S. history

Bank to pay $31M for avoiding mortgages to minorities, largest such settlement in U.S. history

by Third Party | Jan 14, 2023 | News/Current Events, Real Estate News

Source: PBS —  NEW YORK (AP) — The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in predominately Black and Latino communities, requiring the bank to pay more than $31 million in...
2023 Mortgage Forecast: Rates Expected to Decline

2023 Mortgage Forecast: Rates Expected to Decline

by Third Party | Jan 14, 2023 | Industry Updates, Mortgage Information

Source: US News —  Mortgage rates are widely expected to fall this year as inflation recedes and the U.S. economy prepares for the possibility of a modest recession, according to some of the nation’s leading real estate economists. This comes after...
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