As we approach Jobs Thursday, certain Federal Reserve members have still not changed their tune about rate hikes, even with oil prices back down to $70 today. Why haven’t mortgage rates dropped along with oil prices? Because Fed policy has shifted, and some Fed members want more rate hikes. Today, I will use Cleveland Fed […]

With less than 48 hours to go before the start of a two-day hearing regarding Zillow’s preliminary injunction motion in its antitrust lawsuit against Midwest Real Estate Data (MRED) and Compass International Holdings, the Chicagoland MLS is seeking to compel arbitration with the listing portal giant.  In documents filed on Monday, MRED told the court

Reps. Sam Liccardo (D-Calif.) and William Timmons (R-S.C.) introduced bipartisan legislation on Tuesday to help local governments invest in disaster prevention rather than focusing solely on post-disaster recovery. The “Ounce of Prevention Act” would expand eligible uses of Community Development Block Grant (CDBG) funding to include pre-disaster mitigation projects, a shift supporters say would allow