
NAR sees existing-home sales rise ‘ever so slightly’ in July
Existing-home sales edged up in July, as increasing inventory and improving affordability pushed more homebuyers into the market. The sale of single-family, townhomes, condominiums, and co-ops increased 2 percent month-over-month and 0.8 percent year-over-year to a seasonally adjusted annual rate of
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Mortgage rates hit 10-month low, spurring lower monthly payments
The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage.
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Lead counsel for Moehrl targets ‘deceptive practices’ in new real estate industry investigation
Attorneys from Hagens Berman have urged consumers that have sold a home since 2021 with the aid of an "online real estate agent" to reach out to the firm since they may be eligible for compensation as a result of "deceptive practices" by the real estate industry.
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Trump tells Federal Reserve governor Lisa Cook to ‘resign now’
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries
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