Real estate brokerages will shell out another $42 million to home sellers and their attorneys to settle lingering antitrust litigation related to the massive National Association of Realtors case. Processing Content A federal judge last week granted final approval to settlements by eight brokerages, funds which could reach upwards of 2.6 million consumers, according to […]
NAR antitrust cases net sellers another $42M Read More »
Key insight: The House is poised to pass a housing affordability package with wide bipartisan margins. What’s at stake: The House bill contains a number of community bank provisions that are absent from the Senate version of the bill. Forward look: Warren’s opposition to those riders will make passage in the upper chamber more challenging,
Housing bill passes House with community bank riders Read More »
The past 2 weeks have seen very little volatility for mortgage rates. After being near 6% for a week in early January, rates rose abruptly to 6.21% (avg top tier 30yr fixed) on January 20th in response to geopolitical drama. They’ve generally descended since then, but in slow, measured steps. Today’s result was actually a
Mortgage Rates Roughly Flat to Start The Week Read More »