The Ticker

Suspect in murder of Realtor Sidney Cranston pleads not guilty to new felony charges

Accomplice to murder also pleaded not guilty
The suspect in the murder of Realtor Sidney Cranston Jr., 40, pleaded not guilty in Mohave County Superior Court to new felony charges of concealment of a dead body and tampering with evidence. The news is the latest update in a case that dates backs nearly 18 months and was originally thought to have gone cold.
Read More

Homeowners pay the most property taxes in these 10 states

Where does your state fall?

After settling the down payment and closing costs, homeowners look to pay their mortgage payment and their property taxes. While these taxes are barely felt in some places, that is not the case for everyone. In fact, in the top state, average homeowners could be looking at an added $600 per month in property taxes.

Read More

March interest rate hike? Odds are now up to 50%

Chances up significantly from last week
Expectations for a rate hike in March are up significantly from last week, as traders now place an over-50% chance on an interest rate increase in March. And one expert explains this increase in expectations could turn into a self-fulfilling prophecy.
Read More

10 best and worst markets for first-time homebuyers right now

And a breakdown of key factors blocking homeownership
As the industry gears up for the spring homebuying season, first-time homebuyers are once again stuck trying to gauge exactly how affordable their market is, along with if it’s even one they are able to jump into. This new report from Bankrate shows what markets are ideal for first-time homebuyers. Does yours rank at the top of the list?
Read More

[Watch] Hensarling: Dodd-Frank reform is a this-year priority

Congress only in the beginning stages
House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, is at the forefront of reforming Dodd-Frank, spearheading one of the most prominent options to change the controversial act. His position of authority brings a lot more weight to his recent comments during a CNBC interview where he stated that dealing with Dodd-Frank is a this-year priority.
Read More

Wells Fargo commits $60B lending goal toward African American Homeownership

Plans to create at least 250,000 homeowners
America is projected to become drastically more diverse over the next several decades. By the year 2024, 75% of the expected 14 million new households in the U.S. will be diverse, and Wells Fargo is stepping up to meet that need. The bank announced on Tuesday a $60 billion lending commitment to African American homeownership.
Read More