Consumer borrowing costs are headed higher.
Much higher.
With the Federal Reserve set to raise its key short-term interest rate by a quarter percentage point Wednesday, Americans will soon see higher rates on everything from credit cards to mortgages.
The good news: Consumers will also finally see rates rise from measly levels on at least some bank savings accounts and CDs.
The FHA share of total applications increased to 19.7% from 19.4% the week prior. Continue Reading Mortgage Application Activity Drops by 10.5%
February’s median price of $295,000 was 3.9% more than the $284,000 price recorded one year before. Continue Reading Illinois Home Prices Rise While Sales Decline
TruLookup for Real Estate will be available in early April. Continue Reading TransUnion Debuts Platform for Property Ownership Confirmations
“DEI is dead at HUD,” said Secretary Scott Turner. Continue Reading HUD Probes Washington State Homeownership Program for Fair Housing Act Violations
Hepburn acquired the property in 1931 and lived there until her death in 2003 at the age of 96. Continue Reading Listing Price Cut for Third Time on Katharine Hepburn’s Former NYC Home
Banyan Tree Residences West Palm Beach features 88 private residences ranging from one- to four-bedroom layouts, along with a limited collection of penthouses. Continue Reading Singapore’s Banyan Group Enters US Luxury Residential Market
Mortgage Delinquency Rate Inches Up to 3.72%
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