The Federal Reserve on Wednesday paused its recent string of interest rate cuts, holding benchmark rates steady at a range of 4.25% to 4.5%. The move was widely expected considering recent employment and inflation data showing that the U.S. economy continues to run hot. Market analysts were nearly unanimous heading into the day that the…
"Ocak 29, 2025" Arşivleri
Arşiv Sayfaları
The housing market in 2024 was about as frustrating for the real estate industry as you can imagine. High mortgage rates, low inventory and sky-high prices resulted in historically low sales at a time when agents are already wrestling with the changes related to the $418 million antitrust settlement signed by the National Association of…
Michigan-based United Wholesale Mortgage (UWM) has extended its 60 basis points (bps) pricing incentive until March 31 “due to its strong success and the substantial competitive edge it’s offered independent mortgage brokers in today’s market,” a spokesperson from UWM confirmed. The original program, dubbed “60bps for 60 Days,” was originally only available through January 31…
California’s attorney general is making it clear that he will not tolerate price gouging for shelter in the wake of the Los Angeles wildfires. On Monday. the office of California Attorney General Rob Bonta announced it was pressing charges against a second unnamed Realtor for price gouging. According to the attorney general’s office, the agent…