Three new data reports have concluded that more people are taking out mortgages and are willing to pay more for their properties, while fewer people who already own homes are having problems paying back their home loans. Uptick in Lending: ATTOM’s 2023 U.S....
Mortgage rates recorded a decline but still remained above the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB:FMCC). The 30-year fixed-rate mortgage averaged 7.18% as of Aug. 31, down from last week when it averaged 7.23%. A year...
The Denver mansion that is considered one of the most important historic sites in the legalized marijuana movement has been listed for sale at $2.3 million. The Denver Business Journal reported the Creswell Mansion, a landmarked site built in 1889 as the residence for...
The commercial mortgage-backed securities (CMBS) delinquency rate dropped by 16 basis points to 4.25% in August, according to new data from Trepp Inc. This marked the second decline in the last six months. “For four of the five major commercial real estate (CRE)...
William J. Tessar, the former president of CIVIC Financial Services, has announced the opening of the private lender CV3 Financial Services LLC. The new company will be headquartered in Los Angeles and will provide financing options including bridge, fix and flip...
