Freddie Mac releases 2023 stress test results

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Freddie Mac has released its 2023 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a “severely adverse” scenario. Under the latter, Freddie Mac would face a credit loss of $13.7 bil
Read MoreMortgage delinquency rate falls to lowest level since 1979

The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy is on the cusp of a turnaround.“Buoyed by a resilient job market, homeowners are continuing to make their mortga
Read More‘Monaco Of Mexico’ Luring Americans To Luxe Properties

Sunny beaches, eclectic dining, sizzling nightlife and more are among the drawing cards of Los Cabos, a destination boasting a growing number of luxury resorts.
Read MoreOpinion: The invasion of the flat-fee, low-cost real estate brokerage

Low-cost residential real estate brokerage is not necessarily a new phenomenon. About 50 years ago, a trailblazer named Dave Liniger created the concept of “real estate maximums,” birthing RE/MAX. RE/MAX was probably the most radical low-cost ‘disruptor’ this market has ever seen. About 10 years la
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