
Will the Fed Raise Interest Rates in Dec.?
While the Fed held interest rates steady at its meeting on Wed., the inflation fight continues. Consumers keep spending, the primary driver of higher prices.
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Mortgage Rates Drop, First Time in 7 Weeks
The 30-year, fixed-rate mortgage averaged 7.76% this week, a slight decline from last week’s 7.79%. A year ago, the 30-year FRM averaged 6.95%.
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Avast, Mateys: ‘Title Pirates’ Wreak Havoc on Closings
Forged deeds, driver’s licenses, titles, etc., continue to grow as real estate-theft scams, in part because the tactic often works and, when it does, nets a criminal hundreds or thousands of dollars in fake real estate sales. They even have a name now: Title Pirates.
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Seller: ‘Can We Get Out of the Deal to Sell Our Home?’
It isn’t always a simple answer. A contract may offer advice, but buyers can sue for “specific performance.” And it’s not just the house – agents representing the buyer and/or seller may also deserve compensation.
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