More local brokerages added to Georgia commission lawsuit defendant list
An amended complaint in the Phillips copycat commission lawsuit filed on Wednesday in northern Georgia names a slew of additional defendants, as well...
Zillow launches buyer agreement for home tours
Over the years, Zillow has made it clear that it wants to help consumers with all aspects of their homebuying journey. Through the...
Fannie Mae continues to forecast modest downturn in 2024
Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest...
14 real estate trends Gen Z buyers are looking for
Baby boomers and millennials have dominated the home-buying conversation in recent decades, but a new generation of homeowners is browsing online listings, heading...
CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact...
The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to...
2023: A year of retrenchment for the secondary mortgage market
As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates, steep...
Mortgage credit availability increased in January: MBA
The availability of mortgage credit increased in January, according to a report issued by the Mortgage Bankers Association (MBA) based on data sourced...
Inflation moderates to 3.2% in October
Consumer prices were up 3.2% in October from a year earlier, down from 3.7% in September and slightly slower than economists’ expectations. “Core”...
Freddie Mac elects Lance Drummond as next board chair
Freddie Mac announced Tuesday that Lance Drummond will be the chair of its board of directors due to Sara Mathew’s retirement in February 2024,...
Share of mortgage-free homeowners hits all-time high in 2022
While prospective homebuyers are grappling with still-elevated mortgage rates, a growing share of Americans are enjoying being mortgage-free.
In 2022, nearly 40% of U.S....