Markets' hopes for Fed interest rate cuts are rapidly fading away
As both energy prices and inflation fears pop, expectations for Federal Reserve interest rate cuts are sliding. Traders in recent days have abandoned hopes of an early summer easing from the central bank, a change in thinking that coincided with the U.S.-Israel attacks on Iran and a burst in oil prices to around $100 a barrel.
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'High oil prices are not good for mortgage rates,' economist says. What homebuyers should know
The jump in mortgage rates over the last two weeks is largely attributed to the specter of inflation, which appeared due to sudden constraints on the world's oil flow after the war broke out. With part of the oil supply not getting through the Strait of Hormuz, a key maritime channel in the Persian Gulf, prices spiked - and with them, inflation fears.
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Homeowners sue Shellpoint over fees for property inspections never completed
Three Florida homeowners are suing mortgage servicer Shellpoint over repeated charges for property inspections that were never actually completed. The case, filed on March 12, 2026, in federal court in Fort Lauderdale, targets NewRez, LLC, which operates as Shellpoint Mortgage Servicing. At its core, the dispute raises a question that should give every servicing shop pause: what happens when your inspection vendor keeps billing for a job they cannot do?
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Realtor.com data challenges effectiveness of Senate ban on big home investors
"One of the biggest takeaways is that from a national perspective, the largest investors account for a really small proportion of single-family home purchases and that share has decreased in recent years," Krimmel told HousingWire in an interview. "So the ban is going to have less of a bite now than it would have had it been enacted a few years ago."
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Pennsylvania Federal Court Reinforces the Importance of Obtaining a Survey When Buying Property
In Messersmith v. CATIC Title Insurance Company, 2025 WL 3530275 (M.D. Pa. 2025), the United States District Court for the Middle District of Pennsylvania granted a title insurer's motion to dismiss based on the survey exception present in the standard title policy, which precludes coverage for "[a]ny variation in location of lines or dimensions or other matters which any accurate survey would disclose." Namely, the Court found because the insured opted not to obtain a survey, she was not covered when the house that she was living in was on a neighbor's property.
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