Subscribe to Email News Updates
Own a Home? Here’s How It Could Help You Get Through a Recession
Source: The Motley Fool --- You'll often hear that being a homeowner can lead to more financial stability. When you own a home and pay down your mortgage, you get closer to owning an asset whose value can grow over time. Plus, when you rent a home, there's always the...
Another interest rate hike from the Federal Reserve is on the way: Here’s how it may affect you
Source: CNBC --- This week, the Federal Reserve will likely raise rates for the sixth consecutive time to combat inflation, which is still running at its fastest pace in nearly 40 years. The U.S. central bank has already hiked its benchmark short-term rate 3...
Mortgages Are The Biggest Ripoff On Earth
Source: Surviving Tomorrow --- I got my first and hopefully last bank mortgage when I was nineteen years old. Despite not having a full-time job, me and a teenage buddy pre-qualified to borrow up to $250,000. We bought a fourplex, renovated it, and flipped it for a...
The US housing market’s stagnation has gotten even worse
Source: Quartz--- The meteoric rise of mortgage rates has zipped past another milestone this year. For the first time since April 2002, the 30-year fixed-rate mortgage (FRM) topped 7% this week, according to data from Federal Home Loan Mortgage Corporation (Freddie...
US Housing Market Sept & Softwood Lumber Prices Oct: 2022
Source: Yahoo Finance --- VANCOUVER, BC, Oct. 27, 2022 /CNW/ - After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a slow-down is...
As profits fall 50%, Anywhere says commission splits could change
Source: The Real Deal --- A challenging housing market halved Anywhere’s third-quarter profits compared to last year, and company executives said on an earnings call they think the market will get slower yet. That could mean more layoffs and lower commission splits...
Recent Posts
Mamdani Publishes Searchable Database with Names and Addresses of Pied-à-Te…- Lone Star Funds Acquires Premier Place, 20-Story Dallas Office Tower
- Mast Capital and Koch Real Estate Investments Acquire Florida Keys Resort
- New Partnership Aims to Improve AI Capabilities for Mortgage Lenders and Se…
- Chris Maingot Joins National Health Investors in New Chief Operating Office…
