How long until mortgages are affected by short-term rate hikes?

A big week for news, especially for mid-December, but so scattered across the economic spectrum that sorting important versus not takes some work …

Fed hikes rates in sign of economic confidence

Sticking to a script that economists and real estate analysts had long anticipated, outgoing Federal Reserve Chairwoman Janet Yellen Thursday announced a modest benchmark interest rate hike to 1.25 percent-1.50 percent, a move widely perceived as a reflection of confidence in the economy. This is the third such hike in 2017 and sets the stage for what will likely be three or four adjustments in …

CertifID wants to save you from becoming a wire fraud victim

CertifID was founded by the owners of Sun Title in Michigan after their company fell victim to wire fraud. In their effort to demonstrate how easy it is to have money sent without proper verification, or at least without people noticing irregularities, the company founders showed me confirmation that they were able to wire money to “Winnie the Pooh” without anyone blinking …

The right way to buy a home for your kids

“Our kids are in their twenties, and we’d like to help them buy a home. What’s the best way to start?” This is a common query among aging baby boomer parents with a lot of home equity or long-tended stock market investments …

Connect/Reflect: Double exhilarating!

Only after Connect you will be able to decide: do I want to change my perspective and give fresh boost to my business, or not …

Wells Fargo Consumer Lending chief axed for disparaging communication to former executive

Still reeling from a scandal involving fake banking accounts, Wells Fargo this week fired its head of consumer lending over mysterious email activity, executives said on Friday …

Startup aims to speed up property buying with digital currency blockchain

With ShelterZoom’s “Offer Now” widget, buyers and buying agents can directly submit an offer on a property on a real estate website …

Digital mortgage hasn’t made borrowers any happier: study

Agents, warn your clients: The mortgage process is slowing down, not speeding up …

Recruiting wars: How real estate brokerages are luring top talent

Flashy signing bonuses are often associated with all-star athletes being lured every which way. But the sports world isn’t alone in using such incentives to sweeten the pot for top talent …

Housing industry welcomes Jerome Powell, Trump’s Fed Chair nominee

President Donald Trump Thursday named former Carlyle Group partner and consummate Wall Street insider Jerome “Jay” Powell as chairman of the Fed, a move real estate professionals roundly cheered, calling the decision “the best possible choice” for the currently buoyant housing market …