Three brokerages at the center of the landmark lawsuits regarding home sale commissions – Anywhere Real Estate Inc. (NYSE: HOUS), Keller Williams and RE/MAX Holdings (NASDAQ:RMAX) – received final court approval of their respective nationwide settlement agreements....
The Bank of Canada is warning that homeowners and renters continue to struggle in adapting to the nation’s new normal of higher interest rates. According to Financial Post coverage, Bank of Canada Governor Tiff Macklen acknowledged the adjustment to higher interest...
Mortgage rates were in decline for the first time since March, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.09% as of May 9, down from last week when it averaged 7.22%. A year ago at...
Raphael Bostic is president and CEO of the Federal Reserve Bank of Atlanta. This article is adapted and edited from a recent speech delivered before The Murphy Institute at Tulane University in New Orleans. Housing is so foundational to family well-being and security...
An Illinois judge rejected a last-minute effort by plaintiffs in the Batton 1 lawsuit to halt the final court approval of settlements by three major brokerages in the Sitzer/Burnett case. The Batton 1 plaintiff sought to block the settlement agreements by Anywhere,...
The first quarter ended with 45.8% of mortgaged residential properties considered as equity rich, according to new data from ATTOM. This is down from 46.1% in the fourth quarter of 2023, marking the third straight quarterly decline, and it is also down from 47.2% in...
Hits and Misses for the Real Estate Week of June 22-26
