The Federal Reserve (Fed) has decided to forge ahead in its fight against inflation, despite several bank closures that have caused turbulence in the financial markets. On Wednesday, the Federal Open Market Committee (FOMC) announced the decision to raise the
HUD awards over $54 million in grants to curb housing discrimination
The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced it has awarded $54 million to 182 fair housing organizations across 42 states under its Fair Housing Initiatives Program (FHIP). The goal is to provide support to organizations
Lenders: Looking to simplify closings? Work with an insurance agency
HousingWire recently spoke to Tom Kriby, vice president of client development and partnerships at Westwood Insurance Agency, about how working with an insurance agency can simplify the closing process for their customers, even in times of interest rate uncertainty. HousingWire:
Pacific Western Bank gets $1.4B from Atlas after 20% decline in deposits
The current bank crisis hit California-based Pacific Western Bank, a community bank owned by PacWest Bancorp that has a focus on real estate and commercial loans. Following the collapses of Silvergate Bank, Silicon Valley Bank and Signature Bank over the
The typical down payment is 10% smaller than a year ago
The typical homebuyer’s down payment was down 10% year over year in January 2023, according to a report released Wednesday by Redfin. The report is based on data collected by Redfin from county record across 40 of the most populous
Homebot home education portal acquires mobile app firm Quo Finance
Homebot, a home education portal that keeps people connected to their loan officers and real estate agents, acquired Quo Finance, a mobile app for first-time homebuyers. “Quo will massively accelerate Homebot’s mission to connect people to make informed homeownership decisions,”
Lower mortgage rates fueling existing home sales
Existing home sales had a huge beat of estimates on Tuesday. This wasn’t shocking for people who follow how I track housing data. To understand why we had such a beat in sales, you only need to go back to
Mortgage demand rises amid MBS volatility
Consumer demand for home loans rose for the third consecutive week due to declining mortgage rates, following the turbulence in the financial markets caused by regional bank failures. But the same bank crisis is bringing volatility to the mortgage-backed securities
When is the Best Time to Buy a House?
A lot of people ask, “When should I buy? What part of the real estate cycle should I buy in? Should I buy in a down market? Are the values going to keep going down? When should I buy and
18 Best Real Estate Investing Books For Beginners 2023
Best Real Estate Books on Investment Real estate investments can provide excellent returns if the proper steps are taken, but many new investors lack the necessary skills and education. I wanted to discuss the significance of real estate education through
Austin Housing Market: Prices, Trends, Forecast 2023
Austin Housing Market Trends for January 2023 The Austin housing market has been in a state of flux due to the pandemic and other economic factors, and this trend is expected to continue in 2023. Despite the price decrease and
Seattle Housing Market: Prices, Trends, Forecast 2023
Seattle Housing Market Trends This article will talk about how the housing market in the Seattle area is right now and its forecast. The Seattle housing market in February 2023 shows an increase in active listings for sale, with 894
33 Secret Websites to Make Money Online in 2023
Making money online has become increasingly popular in recent years. The internet has opened up numerous opportunities for individuals to make money online. Many people are searching for ways to make money online, but they are not sure where to
Bank Failures in 2023: Why it Can’t Crash Real Estate?
The year 2023 has been marked by a series of bank failures, leaving many to wonder what the impact of these failures will be on the housing market and the wider economy. Bank failures have been a common occurrence throughout
Uncover the Best of Austin: The Ultimate Austin Bucket List
Austin, TX is a vibrant and diverse city with something to offer everyone. From its world-renowned music scene to its delicious food culture, Austin is a must-visit destination for anyone looking for a unique and exciting travel experience. Whether you’re
Spring Home Decor: 27 Tips to Welcome the Season
Spring is the perfect time to refresh your home decor and embrace the new season. With warmer weather and longer days, it’s the perfect opportunity to add a splash of color and brighten up your space. From bright floral accents
10 Must-Try Outdoor Activities in Sacramento: A Guide to Exploring California’s Capital City
Sacramento, the capital city of California, offers a plethora of outdoor activities that cater to every interest and skill level. Whether you’re a fan of hiking, biking, kayaking, or simply enjoy soaking in the sun while picnicking in a park,
10 Fun Things to Do in Yakima: A Guide to Exploring Central Washington’s Hidden Gem
If you’re living in Yakima or considering a move to this beautiful city in Washington State, you’ll be pleased to know that there are plenty of fun things to do in Yakima to keep you entertained year-round. From outdoor adventures
37 Book Organization Ideas: The Ultimate Expert Guide
If you’re like most people, chances are you have accumulated many books over the years. But what do you do with all of them? How do you keep them organized and easy to find when you want to reread or
List of Failed Banks in the United States
In this blog post, we will be reviewing the list of failed banks in the United States. It’s never good news when we hear about a bank failure, and unfortunately, there have been quite a few in the United States over
Is Washington, DC a Good Place to Live? 10 Pros and Cons of Living in the District
There’s a lot to love about living in Washington, DC. From a rich and storied culture to an enviable job market, it’s no surprise that so many flock to the nation’s capital to see what city life is all about.
5 Home Remodeling Projects to Boost Your Property Value in Bellevue
Bellevue is an attractive location for homeowners looking to live in a dynamic and convenient setting. With a variety of housing options available, from cozy single-family homes to modern condos and townhouses, Bellevue offers something for everyone. For homeowners looking
6 Home Remodeling Projects to Boost Your Property Value in Alexandria
Alexandria, VA is a beautiful and historic city that offers its residents a unique mix of urban conveniences and small-town charm. With its rich history and picturesque streets, it’s no wonder that Alexandria is a popular place to call home.
5 Home Remodeling Projects to Boost Your Property Value in Baltimore
As one of the oldest and most historic cities in the United States, Baltimore is known for its beautiful architecture and charming neighborhoods. If you’re a homeowner in Baltimore, you may be considering remodeling projects to update and add value