Wells Fargo’s new down payment grant program offers $10K to eligible buyers

Wells Fargo rolled out a down payment grant program that will offer $10,000 to eligible buyers or homeowners who currently live in or are purchasing homes in underserved communities in eight metropolitan areas.The Homebuyer Access grant program is available to those who have a combined 120% or less
Read MoreSettlement agreement in buyer broker commission case hits a snag

A little over a month after filing an agreement in one of the ongoing buyer broker commission lawsuits, New England’s largest multiple listing service (MLS), MLS Property Information Network (MLS PIN)’s attempt to settle the Nosalek case, has hit a snag.Originally filed in December 2020, the Nosalek
Read MoreInflation data laying groundwork for the Fed to pivot

Has the recent inflation data given the Federal Reserve a pathway for a 2024 pivot? The Fed has whispered about what can happen if the inflation growth rate falls more into 2024 and it’s a positive take. Some have thought the Fed would need to keep the fed funds rate elevated for years until they se
Read MoreCPI rose 3.2% in July, but shelter inflation will continue to decelerate

The Consumer Price Index climbed 3.2% in the year through July, the first acceleration in 13 months. But that figure requires a closer examination. Inflation soared in June 2022 and was slightly slower the following month. When this year’s figures were measured against last year’s readings, June loo
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