Hub News

Billionaire Paul Tudor Jones: Wealth Inequality Is ‘Off the Charts’

Billionaire Paul Tudor Jones spoke at a press conference late last week and warned that wealth inequality in America is “off the charts.” “The gap between the one percent and the rest of America cannot and will not persist,” he

8 Tips for Selling Your Home This Spring

CNBC released a new video on Thursday, listing the top eight tips for selling your home this spring. As reporter Diana Olick points out, de-personalization and small improvements are key. Up first, remove personal photos and replace them with faceless

Lenders Predicting Increased Demand, Higher Profits in 2015

Fannie Mae found in its most recent quarterly survey of lenders’ sentiments that there is lots of optimism surrounding the state of the mortgage industry as we continue to move further into 2015. The report found that, compared with the

Middle-Class Families on the Decline

A husband and wife, 2.5 kids, a dog and a white picket fence – it’s been the middle class American dream for generations. Until now. According to a new report by CNBC, middle class families are on the decline in

Report: Millions of Homeowners Still ‘Underwater’

According to a new report released by CoreLogic on Tuesday, millions of homeowners in the United States remain underwater on their mortgages – a “nagging leftover” from the housing crash. As CNBC explains, 5.4 million homes – or 10.4 percent

U.S. Dollar Rises at Fastest Rate in 40 Years

Although the U.S. dollar has become incredibly strong once again, CNN is reporting that no one in the industry really expected its value to shoot up quite so quickly. Still, Citibank revealed on Monday that, over the last eight months,

Lack of Inventory Draws Record Crowd to Boston-Area Open House

As employment rates improve and the cost of renting continues to soar, the housing market is beginning to see serious demand in many areas of the country. There was so much demand in one Boston-area suburb recently, in fact, that

January, February Data Suggest Strong New Home Sales in 2015

A newly released set of housing data comparing January and February home sales suggests that 2015 should be a strong year for the sale of newly-constructed homes. As reported by Mortgage News Daily, the Mortgage Bankers Association announced on Thursday

Spring Surge Starting Early in Seattle Housing Market

The spring surge has already begun in the Seattle housing market, with temperatures rising and potential homebuyers ready to strike. Like the rest of the country, however, the city has very few listings up for sale – down 19 percent

Fannie Mae Housing Survey Shows Positive Trend

For the first time in five years, the Fannie Mae National Housing Survey revealed on Monday that more respondents believe the economy is on the right track than the wrong track. According to February’s numbers, a survey high of 47

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