Current News & Events
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that Pulte sent a criminal referral to the Department of Justice (DOJ) alleging Swalwell committed… Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Disbarred Attorney Sentenced for Deed Theft Schemes
Sanford Solny’s law license was suspended in 2012 before he was disbarred in 2023. Continue Reading Disbarred Attorney Sentenced for Deed Theft Schemes
Housing Market Downturn – Is A Recession On The Horizon?
Source: Forbes --- The second half of 2022 has seen declining house prices. However, prices remain up year-on-year based on steady price gains in the first half of the year. The decline in pricing is, in part, driven by higher mortgage rates hitting affordability of...
‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay
Source: Yahoo! --- Mortgage rates are continuing their downward trend as investors keep a lookout for more signs of cooling inflation. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in the...
As U.S. home prices fall, an alarming number of buyers are underwater
Source: CBS News --- Surging mortgage rates aren't just raising the cost of purchasing a new home. An alarming number of recent homebuyers have discovered they already owe more on their property than it's worth, according to a new analysis. Some 250,000 people who...
Learn How Tirios Is Using Blockchain To Help Millennials Overcome Real Estate Investment Barriers
Source: Yahoo! Finance --- Austin, TX, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Tirios, a revolutionary real estate platform, is transforming the industry by integrating cutting-edge technology to assist millennials in overcoming long-established financial barriers and other...
‘The coldest winter’; Rising interest rates cool off Bay Area real estate market
Source: CBS News --- SAN MATEO -- The pendulum is shifting in what many have described as a 'roller coaster' real estate market. Sellers are no longer in the driver's seat, and buyers have the edge. But that doesn't mean the market is favorable for buyers right now,...
3 smart times to refinance your mortgage
Source: CBS News --- When you first bought your home, there's a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a lifelong decision, the reality is that homeowners can often change their mortgages by...
Mortgage rates hit lowest point since September
Source: Yahoo! Money --- Mortgage rates retreated further this week, hitting their lowest point since September, but economic uncertainty continues to weaken homebuyer demand. The rate on the average 30-year fixed mortgage declined to 6.33% this week from 6.49% the...
Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting
Source: Forbes --- Mortgage rates have dipped for a fourth straight week, notching their biggest extended decline in 14 years. Despite the tumbling rates, demand for loans remains weak, with homebuyers looking for more incentives to jump back into the market. The...
US home prices will post first year-over-year decline in decade in 2023: experts
Source: New York Post --- The US housing market’s deep freeze is likely to accelerate next year and result in the first year-over-year decrease in home prices in a decade, according to experts at real estate firm Redfin. The median US home sale price is projected to...
‘We’re Not In A Frenzy Anymore,’ Real Estate Agent Says Amid Home Sellers Pulling Properties Off The Market
Source: Yahoo! --- According to Redfin Corp (NASDAQ: RDFN) data, a record number of houses are being delisted as sellers confront a significant reduction in interest. During the three months ending Nov. 20, 2% of houses for sale were delisted without being sold,...
