Source: The Washington Post — Real estate transactions require moving large sums of money from buyers to sellers, a process that unfortunately entices scammers. According to the National Association of Realtors and FBI data, more than 13,500 people were victims...
Source: Bankrate — In an effort to rein in raging inflation, the Federal Reserve boosted interest rates in mid-March. The move had been anticipated by the mortgage market — mortgage rates rose to 4.4 percent in a recent Bankrate survey of lenders, which was...
Source: Montana Public Radio — Low interest rates, high rents and working from home combined to push many young Americans to buy their first home over the last two years. But this version of the Great American Dream is not without its challenges, as Lauren...
Source: Fortune — Fed Chair Jerome Powell is done sitting idly on the sideline as inflation burns away Americans’ purchasing power. The plan? Draw upon the central bank’s decades-old inflation playbook by increasing rates until demand pulls back and price...
Source: The New York Times — Lillie Walsh Dudley and Andy Dudley wanted to be homeowners. The couple, who have a 5-year-old son, had been renting in South Slope since 2014. They began looking for something to buy about three years ago. “Even though we’re not...
Source: CNBC — Home value growth surpassed median salaries last year in 25 of 38 metropolitan areas across the country, according to research from real estate company Zillow. To compare, Zillow said only five of these metropolitan areas saw home value...
FHFA’s Pulte to Relinquish Intelligence Chief Role on Aug. 3
