The Fed recently announced yet another interest rate hike, making borrowing more expensive and pushing the prospect of purchasing a new home out of reach for an even greater share of Americans. At the same time, inflation […]
Rate lock activity fell for the second month in July as mortgage rates topped 7% for the first time since November 2022. Overall rate lock volume was down 7% month over month, with purchase lending […]
Mortgage rates have been stubbornly above 7% for two months and it sure looks like home buyers are growing weary. We can see signs that buyers are slowing, both in the sales volume and in […]
Swiss bank UBS AG announced Monday it has agreed to pay $1.43 billion in penalties to settle a civil action alleging misconduct related to the underwriting, issuance and sale of residential mortgage-backed securities (RMBS) before the 2008 […]
One of Texas’ top mega teams, Nest Finders, is partnering with real estate brokerage as a service platform, Pinnacle Realty Advisors, according to an announcement on Monday. Pinnacle Realty Advisors will supply Nest Finders with […]
The regulator of Fannie Mae and Freddie Mac improperly amended stock purchase agreements in 2012 when it allowed the U.S. Treasury to sweep up the companies’ net profits, a jury in Washington, D.C. found Monday. […]
Real estate professionals across the country are taking action to help support their colleagues in Maui after the devastating wildfires that began on Aug. 8. So far, the fires have killed at least 96 people and […]
A ransomware attack has crippled Rapattoni, a Southern California data host for property listing information. Santa Rosa-based Bay Area Real Estate Information Service (BAREIS) and other MLSes, who are clients of Rapattoni, fell victim of […]
WASHINGTON (AP) — Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the […]
Prods Bright Horizons, Nvidia, Philip Morris, others for disclosures Agency asking for details on how inflation impacts bottom line It’s on the minds of everyone from central bankers to shoppers paying bigger grocery bills. Inflation […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes