Despite gross domestic product (GDP), labor market and inflation data that points to a strong economy to kick off 2025, the Fannie Mae Economic and Strategic Research (ESR) Group now expects bleaker measures of inflation and economic growth as the year goes on. While the ESR Group’s outlook for GDP growth is unchanged at 2.2%…
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The Alexander brothers are quietly shopping their Miami homes. Tal and Oren Alexander have employed former agents at their defunct brokerage, Official Partners, to solicit bids for waterfront mansions as their legal and financial woes mount, according to a report by The Wall Street Journal. The Alexander family is seeking more than $50 million for…
The Office of Community Planning and Development inside the U.S. Department of Housing and Urban Development (HUD) is poised to be drastically reduced in size through cuts to a vast majority of its staff, according to a report published Thursday by The New York Times. Citing a document obtained by the outlet, the office that…
Chase Home Lending recently announced a limited-time, nationwide interest rate discount that is designed to help homeowners save on their monthly mortgage payments. The offer is in effect through March 7. The limited-time refinance rate discount applies to customers looking to refinance into a lower interest rate or reduce their monthly payment, as well as those…