IBuyers like Opendoor and Offerpad once appeared poised to be an essential player in the nation’s biggest housing markets. Now, real estate agents say their…
Posts published in “economy”
The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor…
Windermere Chief Economist Matthew Gardner has pulled the latest data on foreclosure starts and looked at the quality of mortgages that have been given to…
Fannie Mae economists say jumbo mortgages and construction loans could get more scarce if regional banks tighten lending standards. Source: Inman News
Bank failures and a slowdown in wage growth have forecasters thinking the Fed will back off from an aggressive rate hike campaign next week. Source:…
Futures markets are taking the Fed chair at his word that policymakers may have to hike rates faster and take them higher to combat inflation …
Fannie Mae’s National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it’s a bad time…
Companies said that instead of laying off workers, they’re trimming their payrolls through attrition or by offering voluntary buyouts. Source: Inman News
An MBA survey shows demand for purchase loans is down 18 percent week over week and 41 percent from a year ago as mortgage rates…