The latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC) found rates stuck near the 7% level. The 30-year fixed-rate mortgage averaged 6.82% as of April 4, up from last week when it averaged 6.79%. A year ago at this time, it averaged 6.28%....
Property taxes levied on U.S. single-family homes totaled $363.3 billion in 2023, up 6.9% from $339.8 billion in 2022. According to data from ATTOM, the increase was almost double the 3.6% growth rate in 2022 and was the largest in the past five years. ATTOM also...
In an extraordinary blurring of the lines separating an independent and objective financial service media and the industry it covers, a startup news site owned and operated by a hedge fund has partnered with a law firm to put forth a proposed consumer class action...
The New York City-headquartered real estate brokerage Compass (NYSE: COMP) is expanding into the Gulf South markets with its acquisition of the New Orleans-headquartered brokerage Latter & Blum. Latter & Blum was founded in 1916 and is led by Chairman Robert...
The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...