Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the... Read more »
Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. Ironically, a strong employment situation in the... Read more »
Money talks, but interest rates scream. As we peer into the economic crystal ball for 2025 and 2026, one number stands out: the Federal Funds Rate. This key benchmark set by the... Read more »
As we enter October 2024, mortgage rate predictions are garnering attention from potential homebuyers and homeowners alike. Current forecasts suggest that the average mortgage rate for a 30-year fixed loan is projected to remain... Read more »
The Federal Reserve’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. But high mortgage rates and affordability challenges put a damper on... Read more »
Marcus & Millichap Capital Corporation (MMCC) arranged $3.8 million for the refinancing of a 34,617-square-foot industrial property located at 2604 S. Malt Ave. in Commerce. Senior director Kevin Elliott and executive managing... Read more »
The question of where interest rates are headed is a critical one for borrowers, savers, and investors alike. This article dives into expert predictions for the next five years, exploring what the... Read more »
The question from the housing industry after the Federal Reserve’s half-point interest rate cut is simple — will this bring buyers back to the stalled housing market? A new report from Redfin... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Simeon Gutman, U.S. retail analyst at Morgan Stanley, joins CNBC’s ‘The Exchange’ to discuss consumer sentiment, how rate cuts... Read more »
Mortgage rates are a hot topic as we approach 2024, and many wonder how low they will drop once the Fed cuts rates. With the economy showing signs of change and the... Read more »