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Rising home prices and mortgage rates are keeping the lock-in effect alive during the early days of the 2025 housing market. Despite increased levels of for-sale inventory, a significant share of homeowners are content to stay put in their homes for the long haul.
Baby boomers are sitting on an estimated half of total U.S. home equity, and most plan to keep it within their family after death.
Josh Stein (D), who was elected in November and succeeds term-limited Democratic incumbent Roy Cooper, was sworn into office on New Year’s Day and has made Helene recovery a central pillar of his first week in office.
Whitlinger has been with Freddie Mac for 10 years and had served as interim CFO since Christian Lown’s departure in June 2024.
The Fed has implemented a total of 100 bps in cuts over its past three meetings, but mortgage rates have not moved in tandem. The 30-year fixed rate, for instance, has jumped by 78 bps since the rate-cutting cycle began in mid-September.
Buffalo, New York, known for its tumultuous winter weather and beloved namesake chicken wing, will be the hottest major housing market in 2025, according to a new report from Zillow. This is the first time a market has held the title in back-to-back years.
The CFPB accused the credit reporting giant of violating the Fair Credit Reporting Act and the Consumer Financial Protection Act.
Growing inventory levels and home prices are leading agents to feel optimistic about the luxury real estate market in 2025.
Fannie Mae’s December Home Purchase Sentiment Index revealed that consumer optimism about mortgage rates is higher than a year ago.
Shiley, who has been with Mungo Homes for nearly 20 years, most recently held the titles of president and chief operations officer.
The rule amends Regulation V, which enforces the Fair Credit Reporting Act (FCRA), and prohibits credit reporting companies from including medical bills in reports provided to lenders.