Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Pending home sales during January dropped by 0.8% from the prior month and by 0.4% year-over-year, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South....
A Texas real estate investor behind a $69.5 million fraud scheme pleaded guilty in federal court to one count of wire fraud. Devin Ward Elder was the founder and CEO of the San Antonio-based investment firm DJE Texas Management Group LLC, which was formed in March...
A new data report from ATTOM found 1.33% of US residential properties, or nearly 1.4 million homes, were vacant during the first quarter of this year. That was essentially the same level as the 1.32% rate from both the previous quarter and the first quarter of 2025....
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
