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April 15, 2025

Why the 30% Rule No Longer Works: How Americans Struggle to Afford Homes in 2024

The outdated 30% income rule for homebuyers is no longer viable due to skyrocketing home prices and high mortgage rates, forcing many Americans to stretch their budgets or seek alternative financing strategies.

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April 15, 2025

Housing Market Optimism Grows as Buyer Affordability Improves

Mortgage rates dipping below 7% and increased housing inventory have improved affordability for U.S. homebuyers in July, providing much-needed relief in the housing market.

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April 15, 2025

Housing Inflation Set to Decline: Federal Reserve Signals Relief Ahead

U.S. housing inflation is expected to decrease in the coming year, according to new research by the Federal Reserve Bank of San Francisco. This decline may contribute to lowering overall inflation pressures in the economy.

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April 15, 2025

Job Openings Drop Sharply in July, Signaling Labor Market Softening

Job openings fell to a 3.5 year low in July, with the labor market showing signs of cooling. The decline in available positions and increase in layoffs suggest a shift in labor dynamics, prompting discussions about potential Federal Reserve interest rate adjustments.

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April 15, 2025

Mortgage Market Sees Uptick as Rates Fall for Fifth Straight Week

As mortgage rates continue their decline for the fifth consecutive week, home buyers are gradually reentering the housing market. While activity is still subdued, the recent drop in rates has sparked a slight increase in mortgage applications.

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April 15, 2025

What’s Next for Mortgage Rates? Fall 2024 Forecast Unveiled

Experts predict a gradual decline in mortgage rates this fall, but the extent of the drop remains uncertain. Homebuyers should focus on their budget and consider locking in rates now.

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April 15, 2025

Federal Judge Halts FTC's Noncompete Ban, Sparking Legal Battle

A federal judge blocked the FTC's nationwide ban on noncompete agreements, citing agency overreach. The decision marks a critical victory for businesses but signals ongoing legal battles.

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April 15, 2025

The High Cost of Cheap Homes: Why Americans Are Flocking to Disaster Zones

Affordable housing is drawing Americans to high-risk flood and wildfire zones, but the long-term costs could outweigh the initial savings.

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April 15, 2025

Loan Amounts Surge as Mortgage Volume Drops: Key Q2 Insights Unveiled

Despite fewer loans being issued, loan amounts increased in Q2 2024, with alternative loan products like HELOCs gaining popularity due to persistent high mortgage rates.

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April 15, 2025

Rising Costs of Data Breaches: How Lenders Got Affected

Data breaches are becoming increasingly expensive for financial institutions, with average costs rising to $6.08 million per incident. Despite some companies mitigating these expenses through AI and law enforcement collaboration, recovery remains lengthy and costly, highlighting the ongoing need for robust cybersecurity measures.

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April 15, 2025

Housing Construction Hits a Slump: Builders Battle Multiple Challenges

Housing construction saw a sharp decline in July, with housing starts falling to the lowest level in over four years. Builders face challenges from high loan rates to labor shortages, signaling tough times ahead for the housing market.

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April 15, 2025

The Federal Reserve's High-Stakes Week: Can Powell Steer Through the Economic Crossroads?

The real estate industry is facing major changes due to a $418 million settlement by the National Association of Realtors. New rules starting August 17, 2024, will bring transparency to agent commissions, disrupting traditional fee structures. Agents and loan officers must adapt and collaborate to thrive in this evolving market.

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