Mortgage rates are back near 6.5%. Will they stay there?

About a week after the Federal Reserve lowered benchmark interest rates for the first time since the start of the COVID-19 pandemic, mortgage rates reached their low point for 2024.The news has not been so positive since then for U.S. consumers or the housing industry.According to HousingWire’s Mort
Read MoreColdwell Banker taps Payload for automated earnest money deposits

Coldwell Banker Realty just made earnest money deposit payments much easier for real estate agents and homebuyers. Technology provider Payload is integrating with the brokerage firm, according to a recent announcement.With its new integration, Coldwell Banker Realty — a subsidiary of Anywhere Real E
Read MoreCalifornia, New York have the nation’s most expensive ZIP codes

The nation’s most expensive neighborhoods are once again in coastal states. A recent report from real estate data provider PropertyShark ranked California, New York and Florida as the states with the most expensive ZIP codes in 2024.The report listed the 100 most expensive ZIP codes between Jan. 1 a
Read MoreFairway, accused of redlining in Alabama, agrees to settle for $1.9M

Fairway Independent Mortgage Corp. has agreed to settle with the Consumer Financial Protection Bureau (CFPB) and the U.S Department of Justice (DOJ) over the regulators’ allegations of mortgage lending discrimination in majority-Black neighborhoods of the Birmingham, Alabama, metro area.The agreemen
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