Current News & Events
Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
The Senate Banking Committee has yet to receive requested paperwork from Warsh including financial disclosures. Continue Reading Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
Mortgage Credit Availability Improved in March
“Credit availability increased modestly in March to its highest level since August 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in March
NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
“I love people that are in the real estate business,” said Trump. Continue Reading NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
Hooters to Close 30 Restaurants
The company’s franchises, including its 60 overseas locations, are not being impacted. Continue Reading Hooters to Close 30 Restaurants
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
Duane Dixon Jr. was found guilty last January of conspiracy to commit wire fraud and three counts of wire fraud. Continue Reading Maryland Man Sentenced for Role in Attempted Fraudulent Sale of Property
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