FHFA: Home prices still on the rise

“Annual house price growth on both the Case-Shiller and FHFA measures has been fairly stable since the start of the year,” Capital Economics Property Economist Matthew Pointon said. “After dropping for the first time in 18-months in January, growth on the national Case-Shiller index returned to 6.3%
See Original Article

Attorney General Jeff Sessions has decided against recusing himself from the investigation into President Donald Trump's personal lawyer, Michael Cohen, but will consider stepping back from specific questions tied to the probe, according to a person familiar with the matter. By contrast, Sessions
See Original Article

Aleksandr Kogan, the researcher who shared Facebook Inc. user data with Cambridge Analytica, has said that a supply of anonymized user information he received from the social network came with no contract and no obligation to destroy it. “It was just 'here's an email, here's a data set',” Kogan told
See Original Article

Rather, it represents untapped buying power, says UBS equity strategist Keith Parker, whose year-end target for the S&P 500 Index to reach 3,150 is the highest among all strategists tracked by Bloomberg. Outflows from funds that focus on American equities surged to $100 billion over the past 12
See Original Article

Since then, the U.S. has imposed the toughest sanctions yet on Russia, sending its financial markets into a tailspin and prompting threats of retaliation from lawmakers. Tensions also surged as Trump ordered air strikes earlier this month on Russia's Syrian ally for an alleged chemical weapons attack.
See Original Article

President Donald Trump signaled White House physician Ronny Jackson should consider withdrawing his nomination as Veterans Affairs secretary as a Senate panel opened a review into “serious allegations” regarding his management and behavior. Trump said at a press conference with French
See Original Article

Approximately four million square feet of direct and sublease shadow space is expected to be delivered to Chicago's CBD office market this year, with … We anticipate this trend continuing to evolve with technology and as some of the firms that have not yet embarked on a full real estate and workplace
See Original Article

A director's dealing statement issued on Tuesday said Van Zyl's wife Cristelle acquired 11,606 ARC shares for R73,698.10, taking the total the Van Zyl family has acquired since March 20 to 874,611, worth R5.9m at Tuesday's R6.75 per share price. Van Zyl's directorships included Steinhoff International,
See Original Article

The Banking Royal Commission on Tuesday heard from Fair Work Commissioner Donna McKenna, who approached financial planner Sam Henderson from Henderson Maxwell in 2016 for advice ahead of the government's 1 July 2017 superannuation changes. Despite repeatedly saying she was not
See Original Article

One of the most remarkable things about the tax bill Republicans passed last year was how it took a rotary saw to the mortgage interest deduction. The benefit for homeowners was once considered a politically untouchable upper-middle-class entitlement, but the GOP aggressively curtailed it in order to
See Original Article

Little by little, the era of record-low borrowing costs is fading, which means Americans will pay more for home mortgages, loans and other forms of credit. Early Tuesday, the 10-year Treasury yield ticked above 3% for the first time since January 2014, according to Tradeweb. The climb to a four-year high
See Original Article

After word got out that Town was shuttering multiple divisions, rival brokerages began reaching out to the top displaced brokers, and it appears the same thing is happening with Town's real estate. Heiberger said Town will continue to operate its new-development division out of offices at Vornado Realty
See Original Article

But typically, a lender can close on a mortgage in about a month,” states Andrina Valdes, the division president at Cornerstone Home Lending, Inc. in San … One party—whether the closing agent, attorney, title company representative, lender, buyer, or seller—may not be available to meet on the closing
See Original Article

Allegiant Reverse Services (ARS) is a full-service title and settlement company dedicated to nationwide reverse mortgage closings. ARS is a division of FNC Title Services, LLC, which is headquartered in Rockville, Maryland. Over the years, the ARS team has advocated for the reverse mortgage industry
See Original Article

Coincidentally, Freddie Mac reported on Thursday that the average 30-year fixed mortgage rate 0.05 percentage points to 4.47 percent last week, its highest level since January of 2014. The federal tax law passed in December was expected to discourage home buying. It limited the itemized deduction
See Original Article

WASHINGTON — Acting Consumer Financial Protection Bureau Director Mick Mulvaney vowed to bankers on Tuesday that he would halt the agency's actions against indirect auto dealers, stop posting consumer complaints online and change the bureau's name. Mulvaney, speaking to more than 1,300
See Original Article

U.S. housing markets have mostly recovered from the foreclosure crisis of the mid-2000s. But now analysts and commentators point to another concern: housing prices are rising faster than incomes because supply isn't expanding enough. Some state and local policymakers are proposing policies
See Original Article

The 30-year mortgage rate has climbed a half a percentage point in the last year, according to Freddie Mac, but at 4.47%, rates are still below historical averages. The only thing that might slow demand is if rates on a 30-year fixed mortgage climb above 5%, Gumbinger said. “There is an important
See Original Article

“While the FY 2019 Adopted Budget will include a 2 cent increase in the Real Estate Tax Rate, (an increase of $241 on the average annual tax bill), I believe the additional revenue is an important investment needed to shore up the foundation of Fairfax County 's excellent quality of life.”Sharon Bulova
See Original Article

NEW HAVEN, CT (April 24, 2018) — Wepawaug-Flagg Federal Credit Union is pleased to announce its recent hire of Clint Bramlett, Chief Lending Officer. Bramlett comes to Wepawaug-Flagg with more than 30 years of financial industry experience. Most recently, Bramlett served as the Assistant Vice
See Original Article