Nobel Prize-winning economist Joseph Stiglitz believes the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting
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Declining mortgage rates have yet to break the dam on the stalled housing market, but the sweet spot on rates that would get the market moving again is about 5%. That’s according to a new survey from Mphasis Digital Risk, which revealed that 42% of prospective buyers said a 5% rate would get them back…
The Consumer Federation of America (CFA) is calling for policy changes that would help alleviate the difficulties for homebuyers using Federal Housing Administration (FHA) loans when competing in tight markets. Buyers using FHA loans often face stigmas and cannot use many of the competitive strategies commonly utilized by conventional borrowers and cash buyers, according to…
Dan Snyder rarely steps into the spotlight, but his name, strategic moves and execution are talked about frequently in mortgage banking circles. This changes on Oct. 1, 2024, when Snyder, the CEO of Lower, steps on to the main stage at the George W. Bush Presidential Library in Dallas for the HousingWire IMB Summit. A…