Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email. A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly. >> Learn how to be WireSafe
Mortgage rates hit a new high for 2026, marching closer to 7% Sep 3, 2026 The global sell-off in the bond market is hitting the housing market, with US mortgage rates surging to their highest level of the year. That’s putting fresh pressure on home shoppers and homeowners...
Inflation is a drug and Washington is high on it High prices have turned Americans against the economy, and they’re starting to unleash real consequences for Washington and the financial markets. ...interest rates higher on consumer loans that are pegged to Treasuries, including mortgage rates. So, unless Washington is prepared to take serious action on prices (and there’s no indication...
Rising bond yields put pressure on the stocks powering the market Global bond yields are up sharply in recent weeks and US oil prices are near $90 per barrel. Now, the stock market is also starting to feel some pressure. New York — Global bond yields are up sharply in recent weeks and US oil prices are near $90 per barrel. Now, the stock market is also starting to feel some pressure. The 10-year US Treasury yield...
Global bond yields rise to their highest levels in decades As global bond yields rise to multi-decade highs, Global Economic Advisors...