Mortgage rates dived ahead of the Thanksgiving holiday, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. A year ago at this...
A Phil Hall Op-Ed: If you were watching TV in the 1980s, you probably recall Clara Peller. She a diminutive elderly lady who appeared in commercials for the Wendy’s restaurant chain, and she is best remembered as the unimpressed patron of a fast-food joint who is...
Mortgage application activity was stagnant for the week ending Nov. 21, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.2% on a seasonally adjusted...
Sen. John Barrasso (R-WY) has introduced legislation to abolish Biden-era environmental policies focused on the housing market. The HOUSE Act would repeal the Final Determination on energy efficiency standards for new construction of housing financed by the...
Sutton Group, a Canadian-owned real estate brand, is acquiring Homicity Inc., an Ottawa-based real estate technology company. The financial aspects of the deal were not disclosed. As part of the acquisition, Jamie Blades, founder and CEO of Homicity, will join Sutton...
