
How the Federal Reserve’s Next Move Could Impact the Housing Market
Now that it’s September, all eyes are on the Federal Reserve (the Fed).
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Single-family construction permits jump significantly: NAHB
Mortgage rates remain relatively high and existing-home inventory is low as a result. That’s providing a golden opportunity for homebuilders. The National Association of Home Builders (NAHB) reported Tuesday that its Home Building Geography Index (HBGI) showed growth in the number of building permit
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How reverse mortgage lenders are planning for potentially lower rates
With elevated mortgage rates having persisted over the past two years, Federal Reserve Chair Jerome Powell indicated recently that a cut to the federal funds rate at this month’s meeting of the Federal Open Market Committee (FOMC) is on the table, which would likely have the effect of driving mortga
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Florida-based The Keyes Co. settles the commission lawsuits
Florida-based independent brokerage The Keyes Co./Illustrated Properties has joined the growing list of brokerages that have settled the commission lawsuits. The firm notified the court of its settlement agreement on Tuesday in the consolidated Gibson and Umpa suits suits via a motion to stay the ca
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