Owners Not Selling? ‘Lock-In Effect’ Isn’t Only Reason
While owners don’t want to give up 3%-ish mortgage rates, a survey found that’s a secondary concern to low inventory challenges making it harder to find a place to go.
HUD Wants to Use Ex-Cons for Fair Housing Testing
A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.
Fed: No Rate Hike, but Future One Still Possible
The Federal Reserve didn’t change interest rates on Wed. because existing tight “financial and credit conditions … are likely to weigh on economic activity.”
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