Pinnacle Partners and Trilogy Investment Company have teamed on the creation of a new Build-to-Rent (BTR) Opportunity Zone Fund to capitalize three shovel-ready BTR communities in Decatur, Georgia, Augusta, Georgia, and Huntsville, Alabama. The new communities will...
A Cape Cod estate located adjacent to the Kennedy Compound in Hyannis Port, Massachusetts, has been listed for the first time in a quarter-century for $19.8 million. The 3-acre property known as “Port View” features a 9,629-square-foot mansion built in 1914. The...
Homebuyer affordability improved last month as the national median payment applied for by purchase applicants dropped by 0.8% from $2,057 in August to $2,041 in September, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index....
Longtime mortgage industry executive Frank Pallotta has set up an exploratory committee to consider a run for New Jersey’s 39th Legislative District Assembly seat. Pallotta is considering a potential challenge to incumbent Assemblyman Robert Auth for the Republican...
Mortgage rates continued their upward climb in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31, up from last week when it averaged 6.54%. A year ago at this time, it...
