The average rate on a 30-year mortgage peaked in 1981, rising to roughly 16 percent. The average 30-year rate bottomed in 2021 at just under 3 percent. Today, a typical 30-year mortgage is similar to rates seen in the later 1990s, in the 7 percent range. We are expecting rates to trend down more aggressively later this year. Interest rates/mortgage rates are a big piece of the puzzle in terms of...
Zillow.com Owes $2M to VHT Studios for Copyright Infringement The Ninth Circuit US Court of Appeals agrees with the lower court’s decision that Zillow’s usage of VHT’s real estate property photos constitutes copyright infringement. In a recent legal battle that has reverberated through the real estate and digital realms, the court case of "VHT Inc. v. Zillow Group Inc" has unveiled significant...
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