The Federal Reserve had opted to maintain the target range for the federal funds rate at 3.5% to 3.75%. The central bank’s policy making Federal Open Market Committee (FOMC) cited a low level of job gains, elevated inflation and a “high level of uncertainty” due to...
Austin-headquartered Keller Williams Realty LLC (KW) has acquired Michael Lewis Marketing Suite (MLMS), a marketing services company supporting KW-affiliated real estate agents and brokerages. Since 2013, MLMS has supported more than 130,000 KW-affiliated agents and...
The national average apartment rent in April was $1,730, a 0.2% increase from March’s upwardly revised level of $1,727. According to data from Apartsment.com, a subsidiary of CoStar Group Inc. (NASDAQ: CSGP), April was the fifth consecutive month of positive rent...
The Japanese government has sent a formal request to the nation’s leading real estate and crypto associations demanding tighter checks on real estate transactions that use cryptocurrency payments. Coin Edition reports four Japanese government agencies – the Financial...
The Senate Banking Committee voted 13-11 along party lines to advance the nomination of Kevin Warsh to become the next chairman of the Federal Reserve. Warsh’s nomination was in doubt when Sen. Thom Tillis (R-N.C.), who sits on the Senate Banking Committee, pledged to...
Mortgage application activity declined during the week ending April 24, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6% on a seasonally adjusted basis from one...
