Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
Tomorrow the Fed will begin its two-day FOMC meeting that is expected to put an end to its bond-buying program, but America’s weak economy may give officials pause.
NAR reported year-over-year pending home sales were up 1%, the first year-over-year increase in 11 months. Meanwhile, markets are unsure what the Fed will do about ending QE.
John Stumpf defends his bank’s pay model at a company town hall meeting after an employee emailed him and cc’d 200,000 others at the bank about getting a raise.
The U.S. housing market has improved by 4% since last year, but these metro housing markets have shown the most momentum.
The standards come after the industry starts to gains traction among investors.
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