"Extra! Extra! Read All About It!"
Inflation cooled in February, but it’s unlikely to impact interest rates Mar. 12th 2025
The Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics shows prices rising 2.8% year over year and 0.3% month over month in February. Both numbers are below expectations and represent a decline from January.
Mortgage applications climb as rates continue to decline Mar. 12th 2025
Mortgage applications increased 11.2% on a seasonally adjusted basis from last week, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending March 7, 2025. On an unadjusted basis, the index increased 12% compared to last week. The refinance index saw a 16% uptick from the previous week [....]
Federal judge orders release of DOGE operational records Mar. 11th 2025
The decision marks a significant victory for transparency advocates who seek insight into DOGE's role in the federal workforce reductions and the dismantling of government agencies under the Trump administration.
Renting is less expensive than homeownership in every major US metro Mar. 11th 2025
Deciding whether to rent or buy a home depends on several factors — including finances, long-term goals and local market conditions. While homeownership can be a long-term investment, renting remains the cheaper option in each of the country's 100 largest metro areas, according to a LendingTree analysis of U.S. Census Bureau data.
NY congressional delegation says skeleton staff in HUD field offices imperils housing assistance Mar. 11th 2025
The delegation said that nearly 1 million people across New York and New Jersey rely on HUD assistance programs, and that reported cuts to the agency could introduce undue risk for many more Americans.
Richmond, Raleigh rank as the friendliest cities for single-family renters Mar. 11th 2025
A new Point2Homes study revealed the top U.S. metros for single-family rental options based on metrics like job growth and affordability.
Gen Z still eager to buy homes, but getting weary Mar. 11th 2025
The respondents also have expectations of their lenders to be technologically savvy as they navigate their home purchases.
Trump nominates Andrew Hughes as HUD’s deputy secretary Mar. 11th 2025
The president nominated the former Carson staffer for the position, receiving support from Scott Turner, Tim Scott and MBA.
Trump threatens to escalate tariffs on Canadian steel and aluminum to 50% Mar. 11th 2025
This tariff is in addition to the 25% tariff already scheduled to take effect Wednesday. Should Trump allow it to take effect, it would bring the total duty on these imports to 50%.
Property management software: Why more Americans are firing their property managers Mar. 11th 2025
Hiring a property manager to handle day-to-day operations may seem like the best way to alleviate the stress. But in today’s market, that comes with its own challenges. Traditional property managers are expensive, and with high interest rates and expenses, potential profit margins for rental property owners can be slim to none. How can landlords simplify operations and still turn a profit?