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Valerie White to Lead LISC’s National Housing Team

Valerie White to Lead LISC’s National Housing Team

by Phil Hall | Aug 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Local Initiatives Support Corporation (LISC), a New York City-headquartered nonprofit community development financial institution, has announced the appointed of Valerie White to lead its national housing team. White has served as senior executive director at LISC...
New Shariah-Compliant Real Estate Platform Aims for US Investors

New Shariah-Compliant Real Estate Platform Aims for US Investors

by Phil Hall | Aug 28, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Wahed, a New York City-based fintech, announced the launch of a Shariah-compliant private real estate investment platform for US investors. According to the company, the new offering eliminates the need for large upfront capital by offering fractional shares in...
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low

30-Year Fixed-Rate Mortgage Downticks to 10-Month Low

by Phil Hall | Aug 28, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.56% as of Aug. 28, according to the latest Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC). The latest reading is down from last week when it averaged 6.58%. A year ago at this time, it averaged 6.35%....
Federal Reserve Drama: Cook Sues Trump, Pulte Claims NY Times is Writing a ‘Hit Piece’ About Him

Federal Reserve Drama: Cook Sues Trump, Pulte Claims NY Times is Writing a ‘Hit Piece’ About Him

by Phil Hall | Aug 28, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The battle for control of the Federal Reserve Board of Governors continued on multiple fronts this morning as Fed Gov. Lisa Cook sued President Trump for his attempt to fire her while Federal Housing Finance Agency Director Bill Pulte claimed he is going to be a...
Pending Home Sales Down 0.4% in July

Pending Home Sales Down 0.4% in July

by Phil Hall | Aug 28, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales during July were down by 0.4% month-over-month but were up 0.7% year-over-year, according to the National Association of Realtors (NAR). On a regional basis, pending sales were down in the Northeast and Midwest from June into July, but were up in...
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