A pair of Connecticut siblings have been charged with conspiracy for agreeing to submit false and fraudulent claims for unclaimed property to state treasuries. According to the charges brought against them, Henry J. White Jr, age 75, and Patricia A. White, age 69,...
Mortgage rates continued to slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. A year ago at this time, it averaged 7.22%....
Century 21 Real Estate LLC, a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), has launched a partnership with The Institute for Luxury Home Marketing. According to the companies, this new partnership association will provide Century 21 agents with access to The...
American households need to earn $114,000 annually to afford a median-priced home, according to new data report from Realtor.com. Since pre-pandemic 2019, the income required to afford the median-priced home has jumped 70.1% from $67,000. Five of the 10 markets with...
Maria Del Carmen Montes, a real estate broker in Kissimmee, Florida, was sentenced to 33 months in federal prison for bank fraud. According to court documents, Montes, working with her husband Carlos Ferrer and others, created and executed a mortgage fraud scheme...
