Source: Boomberg — Soaring property prices are forcing people all over the world to abandon all hope of owning a home. The fallout is shaking governments of all political persuasions. It’s a phenomenon given wings by the pandemic. And it’s not just...
Source: The Wall Street Journal —Â The residential real-estate industry is bracing for a challenge to the commissions charged by its sales agents, one that could put downward pressure on the fees paid by home buyers and sellers. The Justice Department is...
Source: Investopedia —Â The Consumer Financial Protection Bureau (CFPB) has announced a new rule to help prevent foreclosures in situations where they can be avoided. The new rule, which went into effect on Aug. 31, requires that most mortgage servicers help...
Source: Yahoo Finance —Â The last time Americans were this turned off by the U.S. housing market, borrowing costs were over five times the current rate. The share of people who think now is a good time to buy a home fell in September to 29%, extending the plunge...
Source: York Dispatch — York County Realtors are finally seeing a small increase in inventory floating back into the housing market. A lack of inventory, which has historically been a problem in York County for years, was worsened by the COVID-19 pandemic....
Source: Home Buying Institute — It’s no secret that home buyers in the U.S. have had a tough time in 2021. Tight inventory commissions and fast-rising prices have presented challenges for buyers all across the country. Now, as we approach the fall of 2021, many...
Mortgage Application Activity Dips by 1%
