The West Virginia Housing Development Fund issued more than $20 million in affordable mortgage loans to buyers across the state in July, a new record level that resulted in the doubling of year-over-year totals. During July, the Fund issued 119 loans through its...
The 30-year fixed-rate mortgage averaged 7.12% as of Sept. 7, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is a decline from last week when it averaged 7.18%. A year ago at this time, it averaged 5.89%. “For the fourth...
Zillow (NASDAQ:ZG, Z) and Realtor.com have expanded their respective platforms with new offerings aimed at rental housing. Zillow has partnered with Homesite to offer renters insurance via its app or website. In the debut of this product, Zillow pointed to its...
The Federal Deposit Insurance Corp. (FDIC) has begun the marketing process for the approximately $33 billion commercial real estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank. “The majority of the CRE loan portfolio being...
New York University’s Grossman School of Medicine has acquired the Lathanian, a 23-story luxury apartment building on the East Side of Manhattan, for $210 million. According to a Commercial Observer report, the 209-unit building is adjacent to NYU Langone Health’s...
