Learn more about current events and trends that may affect your industry in this week's round-up!
- Half as Many Taxpayers to Use the Mortgage Interest Deduction
The new tax bill will likely reduce by 57 percent the number of taxpayers using the mortgage interest deduction.
- Sales of New Homes Up 4% in March
A buying surge in the West has increased new home sales 4% in March with the median sales price rising 4.8% to $337,200.
- Wells Fargo and Consumer Protection Bureau Reach a $1 Billion Settlement
The settlement includes penalties for, among other violations, charging customers a fee for missing a rate lock-in deadline after delaying some loan approvals.
- Bidding Wars Spike in Smaller Markets
Realtor.com® found that secondary markets like Akron, OH. and Worcester, Mass. have seen acute increases in the percentage of houses selling above asking prices.