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A recent federal interest rate reduction is set to impact the real estate sector by lowering borrowing costs and increasing buyer demand, according to expert Pam Price.
The U.S. housing supply fell at its fastest rate in over two years, according to Redfin, while lender OCMBC rebrands its division to GIANT Lending.
United Wholesale Mortgage and CrossCountry Mortgage are making major industry moves, with UWM raising loan limits early and CrossCountry securing $1B for expansion.
Financial experts are urging homebuyers to reconsider traditional real estate advice, arguing that rules about down payments, renting, and investing are outdated.
