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Mortgage Rates Rise for Fifth Straight Week

Mortgage Rates Rise for Fifth Straight Week

by Phil Hall | Apr 2, 2026 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates for the fifth straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. A year ago at this time, it...
Justice Dept. Sues New Jersey Township Over Natural Gas Ban

Justice Dept. Sues New Jersey Township Over Natural Gas Ban

by Phil Hall | Apr 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) has filed a lawsuit against Morris Township, New Jersey, over its ordinance that bans the use of natural gas, propane gas, and fuel oil infrastructure and appliances in certain new residential construction. According to the lawsuit, the...
The Beverly Hills Estates in New Partnership with Savills

The Beverly Hills Estates in New Partnership with Savills

by Phil Hall | Apr 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Beverly Hills Estates, a West Hollywood-based luxury real estate firms, has announced a new partnership with the London-headquartered global real estate services provider Savills. According to the companies, The Beverly Hills Estates will serve as Savills’...
APW Avenue Group Acquires Reno Apartment Community for $96 Million

APW Avenue Group Acquires Reno Apartment Community for $96 Million

by Phil Hall | Apr 2, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

APW Avenue Group, a Los Angeles-headquartered real estate investment and development firm, has acquired The Village at Iron Blossom, a 401-unit apartment community in South Reno, Nevada, for $96 million. The property offers residences in one-, two- and three-bedroom...
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement

Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement

by Phil Hall | Apr 2, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A former Massachusetts realtor who was indicted on multiple charges including embezzlement was sentenced to two-to-three years in prison followed by five years of probation after changing his plea to guilty. WCBV reports Stephen Webster, the owner of the now-defunct...
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