Former FHA commissioner says the U.S. must bring back starter homes

In 2021, when mortgage rates were near historic lows, just 34% of the 30-year primary home-purchase loans carried points, according to a new analysis from Realtor.com®.  By 2023, as rates surged, that share had jumped to 60%. “The data provides strong evidence that rate level is the primary driver of the points-buying decision,” Jiayi Xu,…

Fixed income markets around the world have been affected by the global bond sell-off, and that certainly includes the U.S. bond market.  Key Takeaways: Fixed income markets around the globe are continuing to be rattled by the global bond sell-off. This sell-off, fueled by inflation and central bank policy, is pushing bonds yields up and…

In This Article According to the media and average Americans, landlords are all rich, lazy leeches growing fat off of honest workers.  It’s an easy narrative to spin. Too bad the numbers prove it’s not true in the slightest.  Most landlords actually lose money. I did, back when I still bought properties directly.  Here’s why…

Federal judge rejects Vought’s bid to defund CFPB – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising and…

“Across the globe, Team RBC continues to raise the bar to deliver exceptional, record results,” said Dave McKay, President and Chief Executive Officer of Royal Bank of Canada. “Our third quarter earnings showcase the strength of our diversified business and our robust balance sheet.” Wealth management and capital markets lead the charge Wealth Management posted…