But that model has come beneath intensifying scrutiny fromcritics who have likened it to a cartel. Late final 12 months, a jury in a Kansas City federal court docket discovered the longstanding follow to be a form of collusion that artificially inflated real estate fees,awarding a large $1.seventy eight billion judgment towards NAR. The average 30-year fixed-rate mortgage is now at 8%, the very best since 2000. Rebecca Jarvis breaks down a potential change in charges that might have a large impact for each patrons and sellers. ABC News’ Brad Melke of the Start Here podcast joins ABC News Live anchor Diane Macedo to talk about the impression of this report on young aspiring homeowners.
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