Goodbye HUD-1! New consumer-protection rules on mortgages take effect today. They’ve been years in the making and inspired much hand-wringing among bankers and real-estate professionals. They're a big win for homebuyers, but we can expect a little bumpiness for the next few months as we transition.
The labor market continues to disappoint, people aren’t getting raises and fewer adults want jobs. Still, the housing market is holding strong. Something's gotta give.
John Boehner said zip-a-dee-doo-dah last week. What does that have to do with your house? This week brings the Redfin Demand Index, more congressional budget drama, and lots of data on home sales and jobs. And: Can bean bag chairs save China’s economy?
Will the Fed raise rates? Who knows. Should they? Absolutely. We explain why a September rate hike might be better for housing. Also: the world’s first crowd-sourced skyscraper and is suburban living like smoking?