IMF says U.S.-China trade war is a drag on global economy

Oct 16, 2019By

The International Monetary Fund said global economic growth this year will be the weakest pace since the 2008 financial crisis as the U.S-China trade war and Brexit weigh on the world’s economies. “Higher tariffs and prolonged uncertainty surrounding trade policy have dented investment and demand for capital goods,” said IMF Chief Economist Gita Gopinath.

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Freddie Mac: Mortgage rates reverse course from last week’s low

This week, the average U.S. fixed rate for a 30-year mortgage jumped to 3.69%. That’s still more than a percentage point lower than the 4.85% of the year-earlier week.

2 hours ago

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Housing market flashing recession signal

The housing market is signaling there will be an economic recession by the 2020 election, according to Benn Steil, director of international economics at the Council on Foreign Relations.

6 days ago

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Radian’s diversified business model covers the entire mortgage and real estate spectrum

Oct 16, 2019By

HousingWire sat down with Derek Brummer, Senior Executive Vice President of Mortgage Insurance and Risk Services at Radian, to learn how Radian’s business models and diversification strategies provide the company with a competitive edge. What differentiates Radian from the MI competition?  At Radian, we’re in the business of ensuring the American dream responsibly and sustainably, […]

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GIVING BACK National Association of Realtors partners with Food Recovery Network In an effort to help combat hunger, the National Association of Realtors will begin donating surplus food from its events and meetings to those in need. Working in partnership with the Food Recovery Network, a college student-led hunger nonprofit organization. NAR recently asked all […]