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Mortgage Rates Continue to Drop

Mortgage Rates Continue to Drop

by Phil Hall | Nov 24, 2023 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage rates declined again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage is now averaging 7.29%, down from last week when it averaged 7.44%. A year ago at this time, it averaged 6.58%. The...
Survey Finds Growing Canadian Pessimism Over Economy and Housing

Survey Finds Growing Canadian Pessimism Over Economy and Housing

by Phil Hall | Nov 24, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadians are increasingly pessimistic over the direction of their nation’s economy, with nearly one-third of homeowners fearing they will need to sell their residences if interest rates continue to rise. According to the Financial Health Survey published by Manulife...
Austrian Castle with Mozart Connection Listed at $13 Million

Austrian Castle with Mozart Connection Listed at $13 Million

by Phil Hall | Nov 24, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The nearly 900-year-old Austrian castle where Wolfgang Amadeus Mozart wrote his final composition, “Requiem,” before his death in 1791 will be available for purchase via an online auction. According to a Mansion Global report, Schloss Stuppach is being auctioned from...
Tunnel to Towers Launches Fifth Annual Season of Hope Campaign

Tunnel to Towers Launches Fifth Annual Season of Hope Campaign

by Phil Hall | Nov 22, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Tunnel to Towers Foundation has launched its fifth annual Season of Hope campaign, with the goal of delivering 40 mortgage-free homes to eligible recipients by Christmas Eve. This year’s Season of Hope began with the foundation’s pledge to pay off the mortgage on...
Mike Rawle Named CFO at Nexus Industrial REIT

Mike Rawle Named CFO at Nexus Industrial REIT

by Phil Hall | Nov 22, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Toronto-based Nexus Industrial REIT (TSX: NXR.UN) has named Mike Rawle chief financial officer (CFO), effective Jan. 8, 2024. He succeeds Robert Chiasson, who is stepping down from his role as CFO to pursue other opportunities. Rawle has over 20 years of progressive...
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