Real estate leaders weigh in on potential ban on large investors

President Donald Trump announced plans to ban large institutional investors from buying single-family homes earlier this week, arguing the move would ease competition for families and improve housing affordability. The proposal has reignited a long-running debate over the role Wall Street-backed landlords play in the housing market — and whether restricting them would meaningfully lower […]

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Elon Musk says retirement savings could become ‘irrelevant’

Elon Musk, the billionaire CEO of Tesla and SpaceX, stoked debate about the future of retirement savings by saying that in the coming years, traditional retirement planning could become “irrelevant” amid technological advances. “One side recommendation I have is: Don’t worry about squirreling money away for retirement in 10 or 20 years,” Musk said on

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Sharp decline in mortgage rates revives hopes of a refi surge, LOs say

Mortgage rates briefly fell below 6% on Friday for the first time in nearly three years — driven by President Donald Trump’s proposed $200 billion push in the secondary market. If they stay that low, they are expected to spur refinance activity.  Historically, a 22–basis-point decline in the 30-year fixed mortgage rate, such as the

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