House scales back proposed VA mortgage fee hike

House scales back proposed VA mortgage fee hike

Just weeks after mortgage trade groups expressed concern about a bill in the U.S. House of Representatives that would raise fees on U.S. Department of Veterans Affairs (VA) loans, Republicans in Congress... Read more »
J.P. Morgan Predicts the Fed Will Make No Interest Rate Cuts in 2026—but Expects a ‘Hike’ Next Year

J.P. Morgan Predicts the Fed Will Make No Interest Rate Cuts in 2026—but Expects a ‘Hike’ Next Year

The top economist at J.P. Morgan believes the Federal Reserve is done cutting interest rates and will hold policy steady through 2026, with the next move likely a hike in 2027. “We... Read more »
Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Chicago Landlord, Business Groups Sue To Block Transfer Tax Hike

Voters are set to decide whether to increase the tax paid on real estate sales above $1 million. Landlords and business groups say referendum violates the state constitution. The verdict is in... Read more »