In past recessions, the housing and mortgage sector, stimulated by the lower interest rates generated by an easier monetary policy, was a source of strength that led the economy out of the recession. Not this time.
Why monetary policy can’t revive housing
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Zillow believes the evolution of the industry will only help it grow
“Of the approximately 1.5 million real estate license holders, many handle only one or two transactions a year. These are not our Premier Agent partners,” Zillow’s Rich Barton said.
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All parties have settled the Sitzer/Burnett suit, so what’s next?
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Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA
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Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies
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The unchanging
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Opinion: Will new changes make houses more affordable?
