The fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell during the Q&A presser, sending the 10-year yield and mortgage rates higher. Also, the Dow was down over 1,000 points today. So what gives? Market players were already talking…
"2024" Archives
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Ginnie Mae this week released its fiscal year 2024 financial report, which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to U.S. taxpayers. As housing advocates continue to call for the company to receive full funding from Congress, the company also highlighted the work…
EXp Realty is closing the year with another recruiting win. Denver-based broker Kris Caldwell and his $200 million mega team, The Apollo Group, announced their move to the cloud-based brokerage on Tuesday after six years with Compass.
In an era of increased industry consolidation, independence still matters, Steve Baird, president and CEO of Baird & Warner Real Estate, writes.