Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email. A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly. >> Learn how to be WireSafe
Mortgage Refinance Rates on Jun. 30, 2022: Rates Dip Multiple benchmark refinance rates slid lower today. Though refinance rates can change daily, experts expect rates to climb this year. Both 15-year fixed and 30-year fixed refinances saw their...
Mortgage Rates on Jun. 30, 2022: Rates Trailed Off Today some major mortgage rates moved down, though rates are expected to rise this year. If you're shopping for a home loan, see how your payments might be affected by inflation. A handful of...
Baby Boomer Homeowners’ Mortality Expected to Have Minimal Impact on Housing Supply and Prices Share to More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, but sustained homebuyer demand from population growth...
Lawmakers Target Corporate Landlords for 'Predatory' SFR Investment A US House Subcommittee on Financial Services takes aim at investors' purchases of single-family homes. The...
Trump’s Billionaire Neighbor Warns U.S. Economy Is In An “Omnibubble” Jeff Greene, who made his first fortune shorting subprime mortgages during the Great Recession, sees trouble ahead for real estate and no relief for crypto or tech stocks. By Giacomo Tognini During...
What IREM Is Watching in Today’s Shifting Regulatory Environment Potential shifts on 1031 exchanges, renewed interest in rent control and the recent Biden Administration executive action on housing have caught IREM’s attention. Property owners are leaning heavily...
The Ten Best (And Ten Worst) Cars As Investments In The Past Year am EDT| OK, let’s be honest. Many of you looked sideways when I opined (with data and informed insight) that used cars and trucks may be amongst the most intelligent investments during these...
Home Price Increases Cooled Slightly in April It was the first time in four months that home price growth slowed. Alix Langone Reporter Alix is a staff writer for CNET Money where she focuses on real estate, housing and the mortgage industry....
Best 3-year CD rates – July 2022 A certificate of deposit typically pays a higher yield the longer its term, which can vary from weeks to months to years. A five-year CD, for example, frequently pays a higher rate than a one-year...
Best 3-month CD rates — July 2022 Today’s top widely available three-month CDs pay 1.00 percent annual percentage yield (APY). A three-month CD could be a great place to invest for short-term financial obligations, like establishing...