As low mortgage rates hit levels not seen in over a year, many prospective homebuyers and refinancers are finally starting to come out of the woodwork. Rates are now hovering around 6.35% for a 30-year fixed-rate mortgage, down from their […]
How to Benefit from Low Mortgage Rates at Their Best Since April 2023 Read More »
Today, the U.S. Department of Justice (DOJ) intensified its battle against RealPage, Inc., filing a new antitrust lawsuit targeting the company’s YieldStar software. The lawsuit accuses RealPage of facilitating price-fixing among landlords through its algorithmic pricing tool, which the DOJ
DOJ Sues RealPage Over Algorithmic Pricing: Is AI Fixing or Inflating Rents? Read More »
In the second quarter of 2024, investor home purchases in the U.S. saw a 3.4% year-over-year increase, marking the most significant rise in two years, according to a report by Redfin. This surge comes amid a broader slowdown in the
In a significant turn of events for the mortgage industry, mortgage applications surged by 16.8% for the week ending August 9, 2024, as reported by the Mortgage Bankers Association (MBA). This increase, driven primarily by a robust rise in refinancing
Mortgage Applications Surge by 16.8% in August Read More »
In the ever-evolving world of finance, tokenization has carved out a significant niche, capturing the attention of giant investment companies, cutting-edge technologists, and wary regulators alike. As digital currencies gain traction, this transformative concept is emerging as a significant development
Unlocking the Future: Digital Currency Tokenization of Real-World Assets Read More »
AI in real estate could soon become a powerful disruptive force that will change the game for commercial and residential brokers, agents, and property managers. Artificial Intelligence (AI) has already transformed numerous jobs within various sectors of the economy. Notable
Powerful AI in Real Estate Poised to Displace Pros Read More »
In the ever-changing landscape of the United States real estate market, one thing remains constant: the desire to save money when buying a house. Whether you’re a first-time homebuyer or a seasoned investor, saving money is a crucial aspect of the
Save Money When Buying a House: 10 Tips Read More »
As retail prices and inflation continue to rise, many consumers and homeowners are finding that home equity lines of credit (HELOC) are the best option for getting much-needed cash. Although prices of gas, groceries, and other consumable items are increasing
HELOC Loans: Understanding Home Equity Lines of Credit Read More »
The National Association of Realtors’ Feb 2024 home sales data saw a flurry of activity leading to numerous reports highlighting an upward trajectory in the housing market. However, a closer inspection reveals a more nuanced reality behind the seemingly positive
Uncovering the Reality of the Feb 2024 Home Sales Data Read More »
2024 Foreclosure Trends reveal a complex scenario with home refinances slightly up but foreclosure rates on the rise. In the latest U.S. Foreclosure Market Report for February 2024, ATTOM, a data curator for real estate, unveiled figures that paint a
2024 Foreclosure Trends Increase, But Refinances Gain Read More »
