Gov. Glenn Youngkin announced the allocation of over $15 million in funding for the Virginia Workforce Housing Investment Program. The program provides loans, loan subsidies, and grants to support communities developing housing for homeowners and renters making 80% to...
Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
Alabama experienced 5,778 homes sales in November, a scant 0.1% uptick from the prior month and a 3.8% increase from one year earlier. According to data from the Alabama Association of Realtors (AAR), the 20,725 active monthly listings at the end of November marked...
The Las Vegas-headquartered modular housing manufacturer Boxabl Inc. announced it has obtained a license from the State of California designating it as a “Commercial Modular Manufacturer.” According to the company, the license enables Boxabl to manufacture...
Ahead of the Christmas holiday break, fewer prospective homebuyers were filling out mortgage applications, according to from the Mortgage Bankers Association (MBA) for the week ending Dec. 19. The Market Composite Index, the MBA’s measure of mortgage loan application...
