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U.S. Supreme Court Determines CFPB Funding Structure Is Constitutional
The U.S. Supreme Court (SCOTUS) ruled that the current funding structure for the Consumer Financial Protection Bureau (CFPB) is constitutional.
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New Jersey Court Rules in Support of Independent Contractors in Worker Classification Case
The unanimous ruling by the New Jersey Supreme Court in the case Kennedy v. Weichert is a major victory for the real estate industry. Learn more.
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Instant Reaction: Mortgage Rates, May 16, 2024
Instant Reaction: Mortgage Rates, May 16, 2024 The 30-year fixed mortgage interest rate averaged 7.02% over the last week, remaining below the historical average of 7.74%. By: Jessica Lautz Mortgages & Home Financing
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Instant Reaction: Housing Starts, May 16, 2024
Instant Reaction: Housing Starts, May 16, 2024 Housing starts in April 2024 bounced back slightly with a monthly gain of 5.7% after a large 17% decline in March. By: Lawrence Yun
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FHFA Confirms GSEs’ Guidance on IPCs
The Federal Housing Finance Agency (FHFA) confirmed that buyers whose agent is compensated by the seller will continue to have access to financing through Fannie Mae and Freddie Mac.
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Second Century Ventures Announces Eight Companies for REACH LATAM 2024 Cohort
Eight Companies Announced for REACH LATAM 2024 Cohort Those selected for the 2024 program will join a portfolio of more than 250 technology companies across six major markets worldwide. Media Contact: Spencer High 202-383-1051 Real Estate Technology
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The Dual Impact of Lower Mortgage Rates on Affordability and Availability of Homes
With expected lower mortgage rates, buyers at all income levels will be able to afford a greater number of listings, thereby expanding their choices.
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The REALTOR® to REALTOR® Series: Refocus on Using Your Voice for Your Clients, Industry
Listen as members explain why NAR’s advocacy machine, which has never once slowed down, is reason number one to be a REALTOR®.