The election of Donald Trump as the 47th president of the United States has brought mortgage rates closer to the 7% threshold, but Fitch Ratings expects them to settle lower in the coming months. Looking ahead to 2025, analysts from the credit ratings agency expect declining rates to increase mortgage origination volumes, driving profitability for nonbank…
"November 2024" Archives
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Weichert Realtors has taken a page from eXp World Holdings and settled the commission lawsuits — but with the Hooper (formerly Phillips) plaintiffs rather than with the Gibson plaintiffs. According to documents filed in the Gibson suit last week, Weichert reached a settlement with the Hooper plaintiffs on Nov. 5. The brokerage is asking the court…
Property Brothers co-host and Scott Brothers Global co-founders Jonathan Scott and Drew Scott join ‘Squawk Box’ to discuss the state of the housing market, the expansion of Accessory Dwelling Units (ADU), housing supply outlook, debut of their new show ‘Don’t Hate Your House’,and more.
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.