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Guest Opinion: The Impact of AI on Financial Stability
Acting Comptroller of the Currency Michael J. Hsu details the financial stability challenges created by artificial intelligence. Continue Reading Guest Opinion: The Impact of AI on Financial Stability
Cushman & Wakefield Executive Named New CEO at WeWork
John Santora takes the leadership of the co-working flex space provider. Continue Reading Cushman & Wakefield Executive Named New CEO at WeWork
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Appeals Court Rules Justice Dept. Can Reopen Probe Into NAR
The court determined the DOJ can restart its probe into NAR’s Participation Rule and Clear Cooperation Policy. Continue Reading Appeals Court Rules Justice Dept. Can Reopen Probe Into NAR
Fed Governor Says Rate Hike Possible if Inflation Stays High
“We may need to increase the policy rate further should progress on inflation stall or even reverse,” said Michelle Bowman. Continue Reading Fed Governor Says Rate Hike Possible if Inflation Stays High
For Native American Homebuyers, 3 Financial Assistance Programs to Help With a Purchase
Source: Realtor --- In today’s aggressive housing market, it’s crucial to get a leg up on the competition and to take advantage of all options available when it comes to financial aid. For Native American homebuyers, there are several lending programs to help secure...
A housing bubble is on everyone’s mind right now — here’s what it is and how to know if the US is in one
Source: Business Insider --- You may have heard, the US housing market is booming. But booms often end in a bust, and the housing situation across the country has led experts to debate the possibility of the whole market imploding. As the number of homes available...
A Homebuyer’s Guide to the Appraisal Gap: Why It Happens and What To Do
Source: Realtor --- If you’re thinking of buying a home in today’s market, you need to be prepared for the possibility of an appraisal gap. So what is an appraisal gap? An appraisal gap is when a home’s appraised value is lower than the purchase price the buyer has...
Bitcoin-collateralized mortgage launched by cryptofinance firm
Source: National Mortgage News --- XBTO Group, a Miami-based crypto finance platform and asset manager, unveiled its bitcoin-collateralized mortgage offering this week. The company plans to offer the product to home buyers making purchases valued at $1 million or more...
Reverse Mortgages – The Good, The Bad and The Misunderstood
What am I doing with my day today and most days? Mortgages – all kinds of mortgages. I have been a mortgage broker over 25 years now and it always amazes me of the information that is out there, it always has a slant on it. There is always a bias on whether it is...
Only Two Homes In Jackson Under $1 Million; Real Estate Prices Doubled In Last 18 Months
Source: Cowboy State Daily --- Real estate prices have more than doubled in Teton County in the past 18 months and properties selling for less than $1 million are increasingly rare in the county’s limited housing inventory, according to a report by a Jackson real...
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30-year fixed mortgage crosses 5%
Source: CNBC --- The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year ago...
Hot housing market creates equally hot real estate jobs market
Source: Business Report --- Despite a sharp rise in mortgage rates, U.S. housing market activity continues to sizzle, and—at least through March—generate new jobs each month. There are now nearly 1.8 million people working in real estate services, more than before the...
Waiting Will Cost Homebuyers Money
Source: Scotsman Guide --- Experts have long said that there’s a cost to waiting to a buy a home. That’s certainly true in a rising interest rate market. There is a misconception that as housing prices stabilize, or even decrease, that there will be a substantial...
