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 and real estate news this week: Understanding the Fed and why you may still consider a refi Mortgage rates fell slightly this week even as the Federal Reserve signaled it could boost interest rates at its next meeting. It’s an important indicator of what’s going on in the real estate realm...
Mortgage rate deals for week ending Jan. 29, 2022: Top offers from lenders The mortgage offers marketed on Bankrate.com grew less generous in the past week. The average rate on mortgages clicked on by Bankrate readers Thursday rose to 3.13 percent from 3.11 percent the...
Pending Home Sales Fall 3.8% in December 2021 NAR released a summary of pending home sales data showing that December's pending home sales pace declined 3.8% from the previous month and fell 6.9% from a year ago. Pending sales represent homes...
The best regional banks of 2022 Most of Bankrate’s best regional banks of 2022 offer customers higher yields on deposits, low account fees, low to reasonable minimum balance requirements and digital-banking conveniences. If they...
Young Adults Move Back Home in Record Numbers | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 28, 2022 As the pandemic caused by COVID-19...
Mortgage Rates Level Out After Rising 5 Weeks | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. January 28, 2022 Mortgage rates held steady overall...
How the economy can be so strong when you feel like it stinks New York (CNN Business)There is a Covid economy contradiction. Pandemic exhaustion and higher prices are overshadowing a roaring economy. The economy surged ahead in 2021 at the fastest pace since...
Current mortgage rate for Jan. 28, 2022: Rates increased - CNET If you're in the market for a mortgage, see what higher rates means for you. A number of mortgage rates surged today to the highest they've been since early 2020, including 15-year fixed and 30-year...
Current mortgage and refinance rates for January 28, 2022 | Rates rise Mortgage interest rates jumped for all types of loans compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans rose. Rates...
IRA Capital Enters Senior Housing Market with $106M Purchase The firm acquired Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin and Novato. IRA Capital has entered the senior housing...