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Market Pulse

The Housing Market May Be Cooling Down, According to a Redfin Study

Tyler Williams -
A recent Redfin study suggests that the housing market may be cooling down. According to the study, almost one in five home sellers dropped...
PropTech

Rocket Mortgage to Reduce Workforce, Signaling Tougher Times Ahead for Mortgage Industry

Tyler Williams -
The country’s largest lender, Rocket Mortgage, recently announced plans to reduce its workforce. Representatives from the company decided to offer voluntary buyouts to 8%...
PropTech

Blend Labs Lays Off Significant Workforce

Rochelle Heath-Harris -
A New York-based digital mortgage lender, Blend Labs, laid off 10% of its workers due to the changing climate of the housing market, and...
PropTech

Most Americans Still View Their Mortgage Payments as Affordable, Fannie Mae Finds

Tyler Williams -
A recent post from two Fannie Mae researchers revealed interesting findings on consumers' housing preferences and beliefs about housing affordability in 2021. In the...
Market Pulse

Market Update: April 20, 2022. Twitter, Taxes and More

Andrew Paniello -
Given the intensity of many of the ongoing economic stories we’ve discussed in this column, it appears last week was surprisingly stable. A quick...
Market Pulse

Economic Update: Continued Uncertainty with Some Signs of Hope

Andrew Paniello -
Since the beginning of the COVID-19 outbreak, global markets have become increasingly volatile. But even with the virus becoming much more under control in...
Real Estate

Pending Home Sales Continue to Decline in February

Tyler Williams -
According to the latest National Association of Realtors Pending Home Sale Index, pending home sales declined 4.1% in February from the previous month and...
Market Pulse

Market Experiences Slight Bounce Back—But Uncertainty Remains

Andrew Paniello -
The global economy is still experiencing quite a bit of stress, including stresses extending back to the original waves of COVID-19 and new stresses...
Market Pulse

Fed Raises Interest Rates as Inflation Continues to Heat Up

Tyler Williams -
The Federal Reserve on Wednesday raised interest rates for the first time since 2018, with a 0.25% uptick. The Fed’s policymakers also projected an...
Real Estate

What to expect after Jerome Powell’s testimony?

Alix Barnaud -
Inflation is here to stay, at least for a while, and policymakers are ready to act accordingly. Jerome H. Powell, who was recently renominated...
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