Top Headlines
Sen. Elizabeth Warren Demands 75-Basis-Point Rate Cut from the Fed
“Delay puts too many jobs at risk and threatens our entire economy,” said Warren. Continue Reading Sen. Elizabeth Warren Demands 75-Basis-Point Rate Cut from the Fed
David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
“David was a civic leader who got the job done and he didn’t need any acclaim,” said Wally D. Pinkard Jr., former CEO of Colliers Pinkard. Continue Reading David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74
Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts
Mester is stepping down from the Cleveland Fed on June 30. Continue Reading Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts
Chris Black Named CFO at Inside Real Estate
Black has more than two decades of CFO experience. Continue Reading Chris Black Named CFO at Inside Real Estate
MBA Names Owen Lee as 2025 Vice Chairman
Lee is CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. Continue Reading MBA Names Owen Lee as 2025 Vice Chairman
Mortgage payers face squeeze in 2023 after UK interest rate rises
Source: The Guardian --- Homeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on savings and investments, according to analysis...
Housing market: More and more home sellers dangle incentives to get buyers, study finds
Source: Yahoo! News --- The share of home sellers offering concessions to close a deal jumped in the final three months of 2022, a new report found. That was before sellers resorted to cutting their listing price to attract buyers. Approximately 42% of homes sold in...
Why you should refinance your mortgage in 2023
Source: CBS News --- With a new calendar year underway many Americans may be considering ways to both make extra money and cut corners to help save. Fortunately, there are multiple ways to access extra cash, save on insurance types and even cut lingering holiday...
Can a Realtor sell their own home?
Source: Bankrate --- In some ways, a real estate pro acting on their own behalf makes a lot of sense. They know the local market and the ins and outs of the industry. Arranging the perfect staging, getting gorgeous photos and hosting successful open houses all come...
Buying and Selling Real Estate in Australia (Updated)
Source: JDSUPRA --- KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER AUSTRALIAN LAW - The majority of land in Australia consists of freehold title. Registration of ownership of freehold title is recorded using the Torrens system. The Torrens system is a system of title by...
Home prices are going down and seller concessions on the rise, realtors say
Source: KGW8 News --- PORTLAND, Ore. — Portland real estate agents say the market is back into historical trends. The two-year home buying frenzy has slowed down as interest rates have hit nearly 7% - something that's stopped buyers from going all in on their future...
Mortgage approvals fall to lowest level – BoE report
Source: MPA Mag --- Net borrowing of mortgage debt by individuals rose in November 2022, but mortgage approvals for house purchases fell to its lowest level since mid-2020, according to lending data released by the Bank of England (BoE) on Wednesday. The central...
When is an adjustable-rate mortgage a good idea?
Source: Fortune --- Throughout 2022, mortgage interest rates steadily ticked upward in a march that priced many prospective homebuyers out of the market. The interest rate on a 30-year fixed-rate mortgage began last year at around 3.26%, and by the time December...
What’s ahead for the mortgage industry in 2023? United Wholesale Mortgage exec glimpses into the future
Source: MPA--- Short of having a crystal ball, it’s difficult to predict the future. Indulging Mortgage Professional America with insight, a top executive at United Wholesale Mortgage took a shot at it. During a telephone interview with MPA, the company’s chief...
U.S. Home Price Insights – January 2023
Source: CoreLogic --- Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through November 2022 with forecasts through November 2023. CoreLogic HPI™ is designed to provide an early indication...
