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The rate gap that’s keeping potential buyers out of the market
Amir Nurani, broker-owner at Left Coast Leaders in California, told Mortgage Professional America in April that the current environment represents normalcy, not an aberration. “I think the current rate environment where we’re in the high-5s or low-6s, those are normalized rates for conventional mortgages,” Nurani said. “Those are not high rates. We’re going to be in…
America’s Most Affordable College Towns Revealed
As Labor Day recedes in the rearview mirror and the fall semester gets underway, now is a good time to examine the nation’s most budget-friendly college towns offering recent graduates and young professionals a realistic path to homeownership in a vibrant market without breaking the bank. Realtor.com® economists analyzed 2025 median listing prices for residential…
Why Warsh won’t raise Fed’s interest rates this week: Analysis
Federal Reserve Chairman Kevin Warsh isn’t likely to oversee an increase in interest rates at this week’s Fed meeting, for at least three reasons. First, Warsh personally doesn’t seem to buy the arguments for hikes. Second, raising rates would undermine the outcomes of his task forces. And, third, a rate increase risks putting him on…
Karnataka Weather Forecast Today: IMD Predicts Thunderstorms & Rain In South Interior Districts Till Sept 14
News Published: Saturday, September 12, 2026, 16:34 [IST] Bengaluru woke up to cloudy skies on Friday, September 12, with the temperature hovering around 30 degrees Celsius. The chance of rainfall today in Bengaluru is about only 10%, and the Bengaluru weather is expected to stay mostly dry. As per IMD’s 24 hours forecast, “Partly cloudy…
Mortgage rates now perched just below 7%, says Freddie Mac
Jay Lessard, president and senior loan officer at Sonoran Lending in Scottsdale, Arizona, told Mortgage Professional America that clients are already registering the impact, even if most aren’t monitoring the Fed day to day. “Most consumers aren’t necessarily following the Fed meeting day to day, but they’re feeling the effects of higher rates and the…
Advisors Weigh Risks of 351 Conversions Amid IRS Guidance
Regulators are warning investors and advisors to follow the spirit, not the letter, of the law when recommending certain ETF-related conversions that are increasingly used in tax strategies, according to industry compliance experts. Overall, advisors and investors who use 351 conversions to move portfolios of assets into an ETF as a diversification strategy (while continuing…
