Top Headlines
Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
The residential real estate rule is scheduled to begin in December 2025. Continue Reading Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
Worth Clark Realty Acquires Texas Brokerage
With this acquisition, Worth Clark Realty will now have 80 realtors in the North Texas markets. Continue Reading Worth Clark Realty Acquires Texas Brokerage
Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
The funds will support the construction of more than 300 new housing units and the repair of nearly 200 additional units. Continue Reading Home Depot Foundation Grants $9M to Provide Housing for Homeless Veterans
Ex-Employee Sues NAR for Discrimination and Sexual Harassment
Roshani Sheth was a NAR project manager from 2014 to 2019. Continue Reading Ex-Employee Sues NAR for Discrimination and Sexual Harassment
Ex-Illinois Bank President Admits to Real Estate Fraud Schemes
Steven Cook’s sentencing hearing has been set for Sept. 19. Continue Reading Ex-Illinois Bank President Admits to Real Estate Fraud Schemes
Latest mortgage news: Rates dip again, creating opportunity for homebuyers
Source: Yahoo! Finance --- Mortgage rates continue to retreat. The average rate on 30-year mortgages ticked down to 6.42 percent this week from 6.43 percent the previous week, according to Bankrate’s national survey of large lenders. “Mortgage rates declined for the...
Thinking of Moving to Europe from the U.S.? Here’s Why You Should – Or Shouldn’t – Do It
Source: US News --- With streaming shows like Netflix’s “Emily in Paris” or the romantic image of working remotely from an Italian villa, U.S. travelers are showing renewed interest in moving to Europe to see what life would be like in another country. There are a...
How Real Estate Agents Can Help First-Time Home Buyers
Source: Times Property --- First-Time Homebuyer’s Guide Buying a home for the first time can be difficult. After all, there are numerous steps, tasks, and requirements, and you may be concerned about making a costly error. However, first-time homebuyers benefit from...
30-year fixed mortgage rates still ‘keeping some people away’ from buying a house: Realtor
Source: Yahoo! News --- Kinloch Partners Co-Founder and CEO Bruce McNeilage joins Yahoo Finance Live to discuss the continued impact of mortgage rates on homebuying trends, housing concessions, and rising housing markets to watch in 2023. Video Transcript [AUDIO LOGO]...
UWM Enhances TRAC Program Giving Loan Officers Increased Flexibility
PONTIAC, January 25, 2023 – United Wholesale Mortgage (UWM), the #1 overall lender in America, announced it has enhanced its TRAC program, initially launched in October 2022, to provide loan officers more speed, options and flexibility within the title and closing...
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
Source: Fox Business --- Goldman Sachs expects home values to worsen through 2023 amid continued skyrocketing interest rates and declining housing prices. The firm wrote to clients earlier this month that it predicts four U.S. cities will suffer the most catastrophic...
With mortgage rates dropping and fee changes in the pipeline, now may be the time to buy that home
Source: CNBC --- The average rate for a 30-year mortgage dropped to 6.15% last week — the lowest in 18 weeks. This dip in rates provides welcomed relief for many potential homebuyers who’ve put their dreams on pause thanks to high mortgage interest rates, which have...
Mortgage rate buydowns are on the rise as homebuyers cope with high interest rates
Source: USA Today --- Anna Raymond was ready to make the switch from renting to owning a home last spring. But after five failed offers, she and her husband decided to take a step back from house hunting. Then, in December, their real estate agent presented an offer...
Survey finds Americans wildly misinformed on housing market
Source:The Hill --- A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released Tuesday...
The 10 largest mortgage lenders in the U.S.
Source: Bankrate --- Mortgage rates have been volatile in recent months, but the roster of the biggest and most active mortgage lenders has stayed stable in the past year. Rocket Mortgage and United Shore Financial remained first and second by volume of loans...
