Pointing to Ukraine war, Fed approves another drastic rate hike

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading

Pointing to Ukraine war, Fed approves another drastic rate hike

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading

Regret, reduce, relocate: The 6 biggest US luxury trends of 2022

Amid a persistent uptick in interest rates, lingering inflation and economic uncertainty, luxury homebuyers are changing habits ever so slightly. Coldwell Banker notes six big trends to watch. Continue reading

Mortgage rates punch through 7% but may pause for Fed clues

Several Fed policymakers have hinted that they’d be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease. Continue reading

7 tactical marketing strategies to prepare agents for success in 2023

During an Inman Connect panel on Tuesday, social media coach, speaker and foreclosure expert Marki Lemons-Ryhal shared key tips for agents to up their marketing games. Continue reading

Counteract the latest Fed rate hike with a seller rate buydown

A solutions-oriented approach is essential to help buyers and sellers get their deals done in the current higher interest rate environment. Broker Troy Palmquist offers expert lender insight on how deals are getting done today using seller credits to b… Continue reading

As it keeps hiking short-term rates, Fed stays the course on mortgages

Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Continue reading

Fannie Mae brings in net income of $4.7B in Q2

Like its sister company, Freddie, Fannie Mae remained profitable in Q2 despite pressure from inflation, rising interest rates and worsening affordability, according to earnings released Friday. Continue reading

Wrong predictions, rate jumps and what’s (maybe) still to come

In as much as economists expected rates to rise this year, nobody anticipated how fast they would rise. So what went wrong? Matthew Gardener, chief economist for Windermere Real Estate, lays out what happened and what’s next. Continue reading