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Office Of The Comptroller Of The Currency Chief Counsel Says Stablecoin Reserves Can Be Held By Federally Chartered Banks And Thrifts
...the most trustworthy auditor on earth. These stablecoins are not backed by FDIC or any other forms of insurance. During a run, that is an event where a huge percentage of stablecoin holders......

Here’s Why The California Real Estate Market Is Hot
...Fall and a Presidential election. California is experiencing a fast and furious housing market like no other in terms of sales and prices. McLaughlin and Hepp offer insider insights. In 2018......

Mortgage and real estate news this week: Booming market, increasing equity
...Housing heat stays on through the fall There’s no indication that home sales are going to see a significant dropoff in the coming months . Tight supply and low mortgage rates have combined to......

Buyer Competition Heats Up: More Buyer Offers and Client Tours in August 2020
...very strong traffic except in North Dakota and Illinois. North Dakota’s housing market is still impacted by weak oil prices: oil prices (West Texas Intermediate) have recovered to $43/barrel......

Mortgage Rates Edge Up, Still Near Record Lows
...search. IE users, please download Firefox , Chrome , or Edge . September 25, 2020 Mortgage rates ticked up this week but still remain under a 3% average and near......

Wall Street's new suburban subdivision is full of renters
...investment shows how the single-family rental industry could change the U.S. housing market, providing affordable homes whose residents don't benefit as values rise. "It's not a replacement......

Oversight council warns of systemic threat from Fannie, Freddie
...of economic stress or in the wake of a shock to the housing market.”...

Twin Cities homebuyers spur run on Duluth homes
...Lake Superior." All of which adds fuel to an already hot housing market that has grown increasingly competitive every year since 2012, Kman said. Median home sale prices hit a record high in......

Home Sales Growth Numbers Look Good, But The Data Shows It’s Complicated
...of new homes surged 4.8% in August,” reported ABC. “U.S. new home sales rise to near 14-year high,” noted Reuters. “New home sales surge to highest level since before the Great Recession,” MarketWatch......

Ohio home sales rose in August, as low rates fuel strong market
Ohio home sales were up 4.2% in August from the same month a year ago, another sign that the fallout from the coronavirus pandemic may be fueling a competitive housing market......

CEO Charles Scharf, Here’s Where Talented Blacks And Other People Of Color Are
... over allegations that it was charging African-Americans and Hispanics higher fees and mortgage rates compared to Caucasians, with a similar credit profile. Scharf and his executive team need......

What is a conforming mortgage loan?
...loan rates? You can find conforming loan rates through Bankrate, which provides mortgage rates for both 30-year and 15-year loans daily. When comparing mortgage rates, consider the following:......

Preferred Apartment Communities Exits Student Housing Market in $479M Deal
Ursa. Image courtesy of Preferred Apartment Communities Preferred Apartment Communities has sold out of the student housing sector by selling an eight-property portfolio to TPG Real Estate Partners......

Set Adrift: Market Seems To Be Seeking Direction As Quarter Winds Down
...punch after punch after punch and won't go down. Strong August new home sales announced Thursday might be a point in the banks’ favor, especially for big mortgage generators like Wells Fargo......

Refi Rates Today, September 25, 2020 | Rate moves lower
...see where rates are right now? Lenders nationwide respond to Bankrate’s weekday mortgage rates survey to bring you the most current rates available. Here you can see the latest marketplace......

Homeownership Becomes Less Affordable for Average Workers
...offset by super low mortgage rates. In spite of wage growth and a decline...

30-Year Interest Rates for September 25, 2020 | Rates advance
...include information about every financial or credit product or service. 30-year fixed mortgage rates The average rate for a 30-year fixed-rate mortgage is 3.02 percent......

Today’s Mortgage Rates, September 25, 2020 | Rates go up
Several benchmark mortgage rates ticked up today. The average rates on 30-year fixed and 15-year fixed mortgages both moved higher. The average rate on 5/1 adjustable-rate mortgages, meanwhile......

The surprising reasons why home prices have held up in this recession
...completely normal in this important way: This downturn hasn’t hurt the housing market, at least not yet. If the history of recent recessions is any guide, home prices might escape this economic......

Instant Reaction: Mortgage Rates, September 24, 2020
...2.90% this week from 2.87% the prior week. However, mortgage rates remain near record lows, below 3%. In the meantime, existing-home sales continued to climb in August......

Despite 'rock bottom rates' home affordability slips in 3Q: Attom
...chief product officer, said in a press release. "Wages are up and mortgage rates are down to rock-bottom levels, which should work in favor of homebuyers." "On top of that, the American economy......

How Property Managers Can Stay on Top of the Crisis
...on Tech Amid Coronavirus Turbulence How will the COVID-19 crisis alter the housing market in the long term? Russell: COVID-19 in March 2020 altered 50 years of property management policies......

Inventory Is Way Down From Last Year
...hungry first-timers—remain largely unfazed by the challenges and are motivated by low mortgage rates and the fear of missing out on the right home.” Further, the majority of sellers will go......

As Fall Hits, Homebuying Frenzy Remains in Full Swing
...as a buying frenzy extends beyond traditional seasonal patterns in real estate. Mortgage applications to purchase a home are now 25% higher than a year ago, the Mortgage Bankers Association reports......

Home Buyers Face Another Shortage: Appliances
...from overuse. Many homeowners also are seeking appliance upgrades. Now that the housing market is recovering quickly, there’s added pressing on appliance demand as consumers move to new homes......