Trending News: March 6, 2024

Fannie Mae discovers older homeowners want to age in place but are averse to extracting equity. Meanwhile, mortgage rates ease for the 2nd consecutive day on inflation data - but what does that really signal for the Fed’s decisions long-term as far as “quantitative tightening”?

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Show Notes

Older homeowners want to age in place but are averse to extracting equity: Fannie Mae discovered that while older homeowners clearly prefer to age in place, only a small fraction plan to use home equity for cash in retirement. Read more

Redfin, NAR targeted in latest commission lawsuit: The Freedlund suit alleges collusion over agent commissions between NAR, Redfin and California Association of Realtors. Read more

Mortgage rates ease for 2nd consecutive day on inflation data: ‘Quantitative tightening’ — the Federal Reserve’s moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year. Read more

Music by: Gloria Tells from Epidemic Sound

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