Source: Knowledge at Wharton — The U.S. housing market last year bore the brunt of higher mortgage rates that rode spiraling inflation in the broader economy, but that will change this year, according to Susan Wachter, Wharton professor of real estate and...
Source: CNBC — Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of its previous goal of reaching as many Americans as possible, the company will now...
Source: Bankrate — The red-hot housing market is starting to cool, with sales volume — and list prices — following suit. Still, with the help of an experienced Realtor, there may be time to cash in on your home. But with so many real estate agents to choose...
Source: Forbes — Buying a home is an all-encompassing process. It’s like a part-time job that requires hours of research, work and money. The last thing you want to do is pay more than you need to for a home. And that’s where real estate comps come up. You can...
Source: The Boss Magazine — In the pursuit of efficiency, many industries are rushing to adopt and implement artificial intelligence (AI) tools so that all sorts of processes can be automated and improved. For commercial real estate (CRE) developers, AI is an...
Mortgage Delinquency Rate Inches Up to 3.72%
