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MBA chief economist says mortgage rates, inflation will stay elevated through 2026

Mortgage rates and inflation are expected to remain elevated through 2026 as pressures tied to geopolitical tensions keep Federal Reserve rate cuts on hold. That’s according to Mike Fratantoni, chief economist and senior vice president of research and business development at the Mortgage Bankers Association (MBA). Speaking during an economic outlook session at the MBA’s […]

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California lawmakers weigh state-backed loans for downtown housing towers

California lawmakers are weighing yet another tool in the housing toolbox to jumpstart high-rise construction in the state’s largest downtown areas. Assembly Bill 2074, dubbed the Downtown Revitalization Act, would ease approvals and offer state-backed, low-interest financing near major transit hubs. The bill calls for seeding a loan fund with $500 million. The bill is

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Brynn Carmody’s burnout as a real estate agent sparked an AI platform for the entire industry

In the male-dominated space of real estate tech companies, 26-year-old Brynn Carmody stands out.  “It is definitely hard walking into serious spaces like AI and being taken seriously,” Carmody said. “I’m young, I’m a woman and it’s a bootstrapped company, so I don’t have those typical signals people look for, for credibility, but what I

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