Political
Augustus played a key role in the implementation of the Affordable Homes Act — legislation that has kickstarted development of over 100,000 housing units in the Commonwealth.
President Trump’s proposal to ban investment firms from buying single-family homes is unlikely to have a major impact on affordability, observers said.
The Federal Reserve trimmed its federal funds rate from 4% to 3.75% as it seeks maximum employment and inflation of 2%.
Nationwide, the shutdown costs the country $400 million every day. But some states — particularly those with large shares of government employees and contractors — are feeling the brunt of that cost more than others.
A coalition of affordable-housing groups filed paperwork to put a rent-control referendum before Massachusetts voters next November.
Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20.
The Justice Department’s original complaint against the National Association of Realtors, filed Nov. 19, 2020, alleges that the association enforced rules and policies that illegally hampered competition in residential real estate services.
Brokers may use their cell phones to make marketing calls and send marketing texts, if the cell phone does not have an app that will automate the dialing system.
