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FTC's New Rule on Non-Compete Clauses: NAR Deliberates Impact
Come mid-August, the Federal Trade Commission (FTC) is slated to enforce a new rule regarding non-compete clauses, stirring discussions...
Apr 30, 20242 min read


2024 to 2025: Florida Extends Deadline for Initial Condo Milestone Inspections (SB 154)
In the aftermath of the horrific collapse of the Champlain Towers South condo building in Surfside, Florida in 2021, a wave of reform...
Apr 29, 20244 min read


Credit Card Defaults Soar Amid Rising Inflation and Interest Rates
Credit card defaults are rising at the fastest pace since the Great Recession, as borrowers struggle to keep up with rising inflation and...
Mar 3, 20243 min read


Lawsuit Against Real Estate Brokerages and NAR Association: A Comprehensive Overview
Lawsuit Against Real Estate Brokerages and NAR Association: A Comprehensive Overview In October 2023, a federal jury in Kansas City,...
Nov 2, 20233 min read


Homeowners Locked Into Low Mortgage Rates Don't Want to Sell:
What Does This Mean for the Housing Market? Homeowners who locked in low mortgage rates during the pandemic are reluctant to sell, which...
Oct 30, 20233 min read


Homebuilder Sentiment Dims as Mortgage Rates Rise
Homebuilder sentiment went negative for the first time in seven months in September, thanks to higher mortgage rates. The National...
Oct 30, 20233 min read


How an Economic Slowdown Could Cause a Collapse in Home Prices
The housing market is one of the most important sectors of the economy, and it is also one of the most sensitive to economic downturns....
Oct 20, 20233 min read


Miami-Dade Mayor, State Attorney Announce New Measures to Protect HOA Residents
Miami-Dade Mayor Daniella Levine Cava and State Attorney Katherine Fernandez Rundle have announced new measures to protect homeowners and...
Oct 18, 20232 min read


Bank of America Economists Warn of Potential Turbulence Ahead for 2024 Housing Market
Bank of America economists issued a report on Thursday cautioning against "potential turbulence ahead" for the 2024 national housing...
Oct 16, 20234 min read


Homeowners Gained $1 Trillion in Equity: What to Do and What Not to Do
Homeowners have gained over $1 trillion in equity in the past year, thanks to rising home prices. This is a significant increase, and it...
Oct 14, 20232 min read


CPI Data for October 2023 Released: Inflation Moderating Slightly
The Consumer Price Index (CPI) for all urban consumers (CPI-U) increased 0.4% in October 2023 and 7.7% over the year, the Bureau of Labor...
Oct 12, 20232 min read


Despite Challenges, Construction Industry Expected to See Moderate Growth in 2023
The construction industry in the United States saw mixed results in August 2023, with some sectors showing growth and others declining....
Oct 11, 20233 min read


FHFA Increases Loan Limits for Fannie Mae and Freddie Mac in 2024
The Federal Housing Finance Agency (FHFA) has announced that it will raise the loan limits for Fannie Mae and Freddie Mac in 2024. The...
Oct 10, 20233 min read


No Sign of Relief in Housing Even as the Federal Reserve Holds Rates Steady
The Federal Reserve has held rates steady in recent months, but there is still no sign of relief in the housing market. Home prices...
Oct 9, 20234 min read


Fannie Mae Chief Economist on Housing Market Outlook: A Cautious Optimism
Douglas Duncan, Fannie Mae's chief economist, is cautiously optimistic about the housing market outlook for the remainder of 2023 and...
Oct 4, 20232 min read


Credit Card Losses Set to Soar, Goldman Sachs Warns
Goldman Sachs is warning that credit card losses are set to soar through the end of 2024 or early 2025, as consumers struggle to keep up...
Oct 3, 20232 min read


JPMorgan CEO Jamie Dimon Warns World May Not Be Prepared for Fed at 7%
https://www.klickmortgage.com/apply-nowJPMorgan Chase & Co. CEO Jamie Dimon warned on Monday that the world may not be prepared for the...
Oct 1, 20232 min read


Guiding Immigrant Borrowers to Homeownership
Homeownership is a dream for many immigrants, but it can be difficult to achieve. There are a number of challenges that immigrant...
Oct 1, 20233 min read


US Economy Grows 2.1% in Q2, Home Values Appreciate, Borrowers Consolidate High-Cost Debt
The US economy grew at a 2.1% annualized rate in the second quarter of 2023, according to the Bureau of Economic Analysis. This follows a...
Sep 29, 20234 min read


Housing Economist Warns of 8% Mortgage Rates After Home Sales Disappoint
Lawrence Yun, chief economist of the National Association of Realtors (NAR), warned on Thursday that mortgage rates could reach 8% in the...
Sep 29, 20232 min read
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