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
30-year mortgage rates keep falling, creep back toward 7% Lower Mortgage rates dropped again this week, according to Bankrate's national survey. The average rate on 30-year fixed mortgages retreated to 7.23 percent this week, down from 7.41 percent...
Americans ramp up holiday spending plans even as they give the economy low marks New York CNN — Many Americans tell pollsters they are not happy with the state of the US economy. And yet Americans simultaneously say they plan to ramp up their holiday spending. Americans now...
2024 Student Loan Outlook: What To Expect Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. With the strike down of President Biden’s forgiveness plan,...
Wage Growth Hit Lowest Level Since 2021 Last Month, ADP Says In Jobs Report Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 6, 2023,09:36am EST Topline U.S. job growth continued to cool considerably in November as pay increases...
Three Tips For Prepping Your Business In The Event Of A Recession Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 6, 2023,07:45am EST CEO at Novae, a black-owned fintech serving consumers and small businesses nationwide,...
Is a recession on the horizon? More bank CEOs think so New York CNN — Add Citigroup CEO Jane Fraser to the growing list of bank CEOs who are warning about tough times ahead. While Fraser doesn’t “see a drastic downturn on the horizon,” the head of...
The ‘Silent Recession:’ Economists say the economy is strong, but most Americans feel like they’re living in a downturn ...after her landlord raised rent to $1,400 a month. Even with mortgage rates holding near the highest levels in two decades, the monthly payment is going to cost about $300 less than if she’d stayed...
Markets See Spring Rate Cuts, The Fed Isn’t There Yet Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 5, 2023,12:33pm EST The debt markets expect the U.S. Federal Reserve to cut interest rates in spring 2024. In...
Poll Results: Assessing the Fed’s Policies In last month’s poll, Multi-Housing News asked readers their assessment of the Federal Reserve’s actions, gauging the popularity of the central bank’s 500-plus basis point rate increases over the...
The ‘Silent Recession’ Generation Click to save this article.You'll be asked to sign into your Forbes account.Got itDec 5, 2023,07:15am EST Terry Powell is the Visionary Founder of The Entrepreneur's Source, a Career Ownership...