November jobs report comes in stronger than expected
Employers picked up the hiring pace in November, shaking investors’ confidence in the Federal Reserve’s likelihood of cutting interest rates in 2024.
November job...
Credit reports will be more expensive for mortgage lenders in 2024
Mortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations.
In 2024, Fair Isaac Corp....
The 8% mortgage is here
Rates on the 30-year fixed-rate mortgage eclipsed 8% this week as the Treasury yield surpassed 4.9% for the first time since 2007, according...
FHFA extends certain rep and warrants to pandemic-related forbearance loans
The Federal Housing Finance Agency (FHFA) announced on Monday morning that it will treat, in some aspects, loans in COVID-19 forbearance similar to those in...
6 ways real estate agents can use AI to become the ultimate authority
You might have heard about AI in sci-fi movies or tech conferences, but do you know that it’s a game-changer for real estate...
FHFA Director Pulte calls on Powell to lower interest rates
Higher rates are holding back GSE reform
After President Trump posted last week that he was giving “serious consideration” to releasing the GSEs...
Are we seeing cracks in the labor market?
Slowing job growth doesn’t mean a recession, but today’s jobs report tells me that the significant job gains we were accustomed to in...
Glennda Baker’s ‘Diamond Squad’ joins Coldwell Banker
Metro Atlanta-based real estate broker and TikTok influencer Glennda Baker is making the leap to Coldwell Banker.
Baker and her team of five...
Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it...
JPMorgan Chase and Wells Fargo are starting to feel the effects of the Federal Reserve’s 50-basis-point rate cut in September on their mortgage...
Weekly mortgage applications pick up but remain subdued: MBA
Both purchase and refinance applications increased to their highest weekly pace in five weeks after mortgage rates logged the largest decline in a...