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
The Iran war is making life more expensive for Americans ...auto and credit card loans, making everyday life more expensive for Americans. Mortgage rates climbed for five straight weeks after the war began, but ticked down this week to 6.37% for the...
Iran’s IRGC says Strait of Hormuz shipping traffic stopped after Israeli ‘violation’ Ziad Daoud, Chief Emerging Markets Economist at Bloomberg Economics, joins...
Inflation stayed stubbornly high heading into the Iran war, Fed’s preferred gauge shows Before the war, Americans were still spending at a robust pace; however, prices continued to rise faster than normal, new data showed Thursday. Consumer spending rose 0.5% in February, up from a...
Oil shock has Fed officials on edge about inflation ...consumers, of course, would love to know just when credit card rates, mortgage rates and more will go down and stay down. But the war and higher prices actually could put the possibility of...