Current News & Events

Bank of England and European Central Bank Hold Interest Rates Steady

by Phil Hall | Apr 30, 2026

Both central banks cited the ongoing Middle Eastern conflict for framing their decisions. Continue Reading Bank of England and European Central Bank Hold Interest Rates Steady

Federal Reserve Holds Rates Steady Again

by Phil Hall | Apr 29, 2026

Today’s FOMC meeting is the final gathering chaired by Jerome Powell, whose term as Fed chairman expires on May 15. Continue Reading Federal Reserve Holds Rates Steady Again

Rocket Companies Acquires Mr. Cooper for $9.4 Billion

by Phil Hall | Mar 31, 2025

This is Rocket’s second acquisition this month, following its earlier announcement of the $1.75 billion purchase of Redfin. Continue Reading Rocket Companies Acquires Mr. Cooper for $9.4 Billion

Report: Real Estate Developer to Run for Mayor of Boston

by Phil Hall | Mar 31, 2025

Thomas O’Brien is CEO and managing partner of The HYM Investment Group. Continue Reading Report: Real Estate Developer to Run for Mayor of Boston

Cathy Polan Installed as 2025 President of Ontario Real Estate Association

by Phil Hall | Mar 31, 2025

OREA also named Sault Ste. Marie-based realtor Kimberly Fairley as 2025 president-elect. Continue Reading Cathy Polan Installed as 2025 President of Ontario Real Estate Association

Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires

by Phil Hall | Mar 31, 2025

The executive order suspends compliance requirements related to the California Environmental Quality Act (CEQA) and the California Coastal Act by utilities. Continue Reading Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires

Bank of America Reports 80% Surge in Q1 Mortgage Applications

by Phil Hall | Mar 31, 2025

“We’re seeing a steady increase in home buying activity, and it’s beyond what we would normally see from a seasonality perspective,” said Matt Vernon, head of consumer lending. Continue Reading Bank of America Reports 80% Surge in Q1 Mortgage Applications

Ottawa Man Arrested for Real Estate Investment Scam

by Phil Hall | Mar 31, 2025

Timothy LaFlamme identified himself in a now-deleted LinkedIn account as a “mental health and financial consultant.” Continue Reading Ottawa Man Arrested for Real Estate Investment Scam

Judge Blocks Trump Effort to Whittle Down the CFPB

by Phil Hall | Mar 28, 2025

A federal judge has halted the Trump administration’s actions to downsize and realign the Consumer Financial Protection Bureau (CFPB). In a 112-page ruling by US District Judge Amy Berman Jackson, an Obama administration appointee, the Trump administration was ordered...

Hits and Misses for the Real Estate Week of March 24-28

by Phil Hall | Mar 28, 2025

The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28