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Wells Fargo is retreating from the mortgage market it once led
Source: CNN Business --- New York(CNN)Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and...
Upbeat sentiments led the realty sector to end 2022 in high spirits
Source: Construction Week --- 2022 has been a great year in the history of the Indian real estate sector. After the setback of two years of slowdown, the real estate sector has gone through a tremendous transformation setting new record numbers in 2022. For the...
Layoffs, sluggish markets signal rough start to 2023
Source: The Real Deal --- The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last week point to the year shaping up to be a rough one. Compass, the No. 1 residential...
Meta updates property listing policy, riling agents
Source: The Real Deal --- Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to the social media site’s virtual selling...
Buying a home became a key way to build wealth. What happens if you can’t afford to?
Source: NPR --- Rebecca Bush started her home search in January of 2020. "I thought maybe I'll find the perfect house in the next couple of months, and then it will line up with when my lease ends," the 27-year-old says. "Obviously we all know what happened in March."...
Should I Consider 3.75% A Good Mortgage Rate?
Source: Value Walk --- Are you considering buying a home but unsure what mortgage rate to go with? Is 3.75% a good mortgage rate? It depends on several factors, including location and the market you are buying. 3.75% is considered a good mortgage rate. This number...
