In conjunction with National Senior Citizens Day on Wednesday, the New York Department of State’s Division of Consumer Protection is circulating a series of tips that aim to help older adults avoid financial scams and exploitation. One way that bad actors may try to take advantage of older Americans

Mortgage rates have been on a declining trend, but demand slowed down last week largely due to fewer refinance applications, an indication that the industry should not expect a mini refi boom yet.Mortgage applications dropped 10.1% for the week ending Aug. 16 compared to the previous week, according

A U.S. District Court judge in Texas on Tuesday blocked a Federal Trade Commission (FTC) rule banning noncompete agreements, which are commonly used in the mortgage and real estate industries.Judge Ada E. Brown of the U.S. District Court for the Northern District of Texas granted plaintiff Ryan LLC,

Mortgage rates have moved lower in recent months, but Fannie Mae economists said Wednesday that this won’t be enough to increase the number of homes sold in the foreseeable future.Fannie Mae’s Economic and Strategic Research (ESR) Group downgraded its forecasts for 2024 and 2025 home sales based on