Top Headlines
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
Isorys Dilone Becomes Chief Legal and Compliance Officer at Valet Living
Dilone joined Valet Living in 2018 and was previously executive vice president, general counsel and compliance. Continue Reading Isorys Dilone Becomes Chief Legal and Compliance Officer at Valet Living
Howard Hughes Holdings Contracts Four Homebuilders for Arizona Planned Community
Howard Hughes Holdings Inc. (NYSE: HHH) announced the first four homebuilders for the launch of Teravalis, the company’s new 37,000-acre community in Arizona’s Phoenix West Valley. Brightland Homes, Courtland Communities, KB Home and Lennar will build the initial...
Amy Rasmussen Named Executive Director at IAAO
Rasmussen served on the IAAO board as a director and was the organization’s president in 2020. Continue Reading Amy Rasmussen Named Executive Director at IAAO
Here’s what the Fed’s half-point rate hike means for your money
Source: CNBC --- The Federal Reserve raised its target federal funds rate by a half point at the end of its two-day meeting Wednesday, notching the largest increase in the benchmark in more than 20 years. “The Federal Reserve is behind the curve,” said Greg McBride,...
Fed hikes benchmark interest rate by another 50 basis points
Source: Scotsman Guide --- The Federal Reserve has raised benchmark interest rates by 0.5 of a percentage point, the largest such increase in 22 years. The central bank announced the hike after the Wednesday meeting of its Federal Open Market Committee (FOMC) as the...
U.S. Home Price Growth Exceeds 20 Percent Annually in March
Source: World Property Journal --- According to CoreLogic's latest CoreLogic Home Price Index and Forecast for March 2022, U.S. home prices continued to post significant year-over-year gains in March 2022, up by 20.9%, another record high. Even with the past year's...
Opinion: Former Freddie Mac CEO lashes out at mortgage lenders
Source: Housing Wire --- Don Layton, the former CEO of Freddie Mac recently penned what can only be described as an attack piece on mortgage originators from his seat as a fellow at the JCHS, Harvard’s Joint Center For Housing Studies. But what Mr. Layton has done is...
Mortgage Rates Started Higher, But Improved After Fed Announcement
Source: Mortgage News Daily --- Today brought the much-anticipated policy announcement from the Federal Reserve. Many people mistakenly believe that the Fed's present day decisions to hike/cut its policy rate (the "Fed Funds Rate") are important to financial markets,...
Fed raises interest rates by 0.50%, largest move since 2000
Source: Yahoo Finance --- The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs throughout...
How and Why to Refinance Your Mortgage
Source: Nerdwallet --- Definition of mortgage refinance A mortgage refinance replaces your current home loan with a new one. Often people refinance to reduce the interest rate, cut monthly payments or tap into their home’s equity. Others refinance a home to pay off...
Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates
Source: Realtor.com --- Mortgage rates are at their highest level in more than a decade. Home buyers are fighting back. More borrowers are paying fees to cut their interest rates and making higher down payments to lower the amount they have to finance, lenders and...
Real estate expert on whether home prices could come down amid Fed rate hikes
Source: Fox Business --- First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going amid expected rate hikes from the Federal Reserve as a way to tame surging inflation. Fleming, who leads an economics team...
The New Rules of What It’ll Truly Take To Save Up for a House Today
Source: Realtor.com --- If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more the...
Recent Posts
Zillow CEO, Directors Sued Over Redfin Deal and $81M in Stock Sales- Rocket and CrossCountry Move Early on 2027 Conforming Loan Limits
- CBRE Investment Management Makes a $1.6 Billion Bet on Net Lease
- Fed Hit With Lawsuit Over Alleged Private Wall Street Talks on Bank Capital…
- Inflation Just Put Mortgage Rates Back in the Crosshairs
