Weely Real Estate News

The Housing Recession Is Coming

  Source: The Ringer —  While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the […]

Weely Real Estate News

Housing inflation is dead

  Source: Money Control —  Robert Armstrong Good morning. It’s CPI day. There is good reason for optimism that inflation will continue to abate, and not just because of gas prices. But as we like […]

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Weely Real Estate News

Bank of America CEO pushes back on criticisms of zero-down mortgages for minority communities

  Source: Fox News —  North Carolina-based Bank of America recently came under fire over a reported plan to offer zero-down mortgages in minority communities, with some critics lodging complaints over the racial aspect, while others […]