In the initial six months of 2023, the amount of money raised for real estate plummeted to $66.8 billion (€64 billion). This is a significant drop from the
Changing Habits and Economic Ripple Effects In recent years, there has been a significant surge in the global weight loss industry, with more and more people adopting healthier
In a landmark ruling that could have far-reaching implications for Donald Trump’s real estate business, Judge Arthur Engoron of New York has found the former U.S. President and
Limited Inventory and Financial Barriers Hindering Prospective Buyers In today’s real estate market, high home prices and mortgage rates, coupled with limited inventory, are presenting significant obstacles for
The Impact of High Interest Rates on Landlords and Renters In Canada, the rental market is experiencing a significant squeeze as small-time landlords bear the brunt of escalating
High Mortgage Rates Lead to Decreased Demand and a Shift in Homebuying Strategies In recent developments within the real estate landscape, the mortgage market is experiencing a significant
Supply Shortage and Mortgage Rates Impacting Homebuyer Demand In recent times, the demand for housing in the United States has faced a significant challenge as housing prices continue
The highest mortgage rate in 23 years was reached last week, driving down mortgage demand from homebuyers to its lowest level in 28 years. The Mortgage Bankers Association’s
On paper, many Americans appear to be wealthy in real estate. According to the St. Louis Federal Reserve, homeowners currently have about $30 trillion in home equity as
Mortgage lenders have imposed the highest average interest rate in 15 years. What assistance should they receive from their provider if they are having trouble making their payments?
Mortgage clients typically read negative headlines regarding interest rates, and the Bank of England has now raised rates to 5.25%. According to UK Finance, 1.6 million UK homeowners
The seasonally adjusted annualized rate of existing home sales in the United States fell 2.2 percent from a month earlier to 4.07 million units in July 2023, the
Like any other business, banks and mortgage company are subject to closure or bankruptcy. Even while it doesn’t happen frequently, when it does, the financial industry can be
Interest — This week, the Federal Reserve continued its efforts to slow down inflation, raising the target federal funds rate by a quarter of a point. The decision
The Bank of England has raised interest rates again because the cost of living keeps going up. The benchmark rate went from 3% to 3.5% after the last
Mortgage rates have undergone a significant transformation in 2023, with an unprecedented surge that has propelled them to a 20-year high. This dramatic increase has left many potential
At the end of its two-day meeting on Wednesday, the Federal Reserve raised its target federal funds rate by 0.5 percentage points. This was done to try to
Mortgage rates have been steadily declining over several months. However, its demand has increased in light of buyers who are trying to find lower mortgage rates. According to
The US House of Representatives passed a bill allowing remote online notarizations. The vote was passed by the House with a vote of 336-90. This bill allows a
Mortgage — Since the outbreak of Covid erupted in 2020, the economy has been in disarray, with inflation wreaking havoc in 2022. As a result, many businesses have
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© 2023 Real Estate Today. All Rights Reserved
© 2023 Real Estate Today.
All Rights Reserved
