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topStories Saturday, May 13, 2023
Fed Increases Rates Again, but Signals Possible Pause Amid Banking Turmoil
Fed officials announced that they would raise interest rates by another quarter percent, pushing the federal funds rate between 5% and 5.25%—a 16-year high. The move marks the 10th consecutive increase that the Fed has implemented...
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Mortgage Delinquencies Increase Slightly, but Remain Low

According to CoreLogic’s monthly Loan Performance Insights Report, the U.S. delinquency and transition rates... More
California Regional MLS Partners With Local Logic

Local Logic will provide all current CRMLS users with powerful localized data insights such as demographics, , local neighborhood profiles... More
Southern Metros Remain Overvalued, Researchers Say

“Zoom towns” cropped up as remote workers poured into exurbs around mid-size metros, seeking space and other amenities... More
Lack of Sellers and Slow Inventory Growth Slow Spring Thaw

Despite a thaw in the market in time for Spring, low inventory is still causing higher prices... More
Homespun
Improving a Credit Score to Help Buy a Home
If your credit has taken a bit of a hit, you must make changes to rebuild your score. With a higher credit score, applying for a mortgage with better terms and lower interest rates will be easier. This could give you the credit score needed to buy a house with the terms you want...
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New Federal Mortgage Fees Help Some, Hurt Others
Lack of Sellers and Slow Inventory Growth Slow Spring Thaw
 
 
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