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Lenders Prioritizing Cost-Cutting Measures

As inflation rises, more families and businesses are tightening their budgets and taking cost-cutting measures to create a little more breathing room—and according to the latest survey, this includes mortgage lenders.  Continuing a quarterly survey of mortgage executives that initially ...

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Pending Home Sales Retreated in All Four Major Regions

According to the National Association of Realtors, pending home sales decreased in June, following a slight increase in May. All four major regions posted month-over-month and year-over-year pullbacks, the largest of which occurred in the West. The Pending Home Sales ...

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HUD Makes New Effort Pushing Energy-Savings Upgrades

As energy prices climb, much like everything else recently, the Biden Administration announced through the Department of Housing and Urban Development (HUD) that new measures are being put in place to help families served by HUD go green and install solar ...

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Fed Increases Interest Rate by 75 Basis Points

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%.  But now, in light of ...

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Growing Cities May Be First to Feel Recession

It’s no secret that the pandemic threw a wrench in the housing market upending traditional moving and migration patterns as those with the means fled crowded urban areas for the suburbs and beyond seeking less crowded and infected place with ...

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