Top Headlines
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
The exact focus of the DOJ’s inquiry is unclear. Continue Reading Report: Justice Department Begins ‘Formal Inquiry’ Into California Association of Realtors
Former Tesla Executive Joins Leadership Ranks at American Revitalization Company
Greg White has 35 years of manufacturing experience. Continue Reading Former Tesla Executive Joins Leadership Ranks at American Revitalization Company
U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032
The new report cited concerns over crime as fueling the fencing market. Continue Reading U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032
Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
The caucus is backed by several prominent housing trade organizations. Continue Reading Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
Virtual mortgage closings took off during COVID-19. Why e-closings with online lawyers will soon be the norm
Source: The Globe And Mail --- If you’re a looking for a small silver lining in the global pandemic, you’ll find one in the way that COVID-19 inspired faster mortgage closings. When mass contagion made face-to-face lawyer visits less palatable, virtual closings took...
Mortgage rates drop amid signs that inflation may have finally peaked
Source: CNN --- Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated inflation might have finally peaked. The 30-year fixed-rate mortgage averaged 5.13% in the week ending August 18, down from 5.22% the week...
Paying too much for mortgage insurance You may have money eligible for claims
Source: Bolly Inside --- Thousands of Texans who overpaid their mortgage insurance are eligible for millions of dollars from the U.S. Department of Housing and Urban Development. That was a moment of happiness.Wendy Young found more than $1,700 of her money in a...
How much of your income should you spend on your mortgage?
Source: Money Mag --- Property prices may have started to retreat from their recent highs, but there's no denying that purchasing a home has become a more and more expensive undertaking in recent years. In fact, since June 2020, the average Australian mortgage...
How much are loyal borrowers missing out amid rate rises?
Source: Your Mortgage --- Homeowners who are not making any changes to their current home loans over the past few months could be missing out on potential savings. According to the Lendi Loyalty Index, banks are charging new customers rates that are 86bps lower than...
Staying defensive with dividends and real estate
Source: London South East --- Aug 16 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] STAYING DEFENSIVE WITH DIVIDENDS AND REAL ESTATE (1220 EDT/1620...
Real Estate: Is It Better to Buy or Rent Your Home?
Source: The Street --- The answer isn't always simple and the current housing market has made the question one worth revisiting for many potential home-buyers. For the vast majority of Americans, a home stands as the largest purchase you will ever make. That's scary...
Wells Fargo Plans Major Retreat From Mortgage Business It Long Dominated
Source: Bloomberg --- Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the US and for a time made the bank the most valuable in the nation. No longer committed to ranking No. 1 in the business,...
Tough market: Rising mortgage rates making home buying harder
Source: Housing Wire --- The Rio Grande Valley was already struggling with housing affordability, and now higher mortgage interest rates are making it worse. That’s according to a new study from the Texas Real Estate Research Center of Texas A&M University, which...
US real estate market may be cooling, depending on who you ask
Source: ABC News --- Just a few months ago, the real estate market was favorable to people selling homes. The amount of buyers was increasing, the number of listings were down and interest rates were dropping, it seemed, across the country. Now, brokers are saying the...
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