Freddie Mac (OTCQB: FMCC) reported a downward trend in the latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.28% as of April 6, down from last week when it averaged 6.32%. A year ago at this time, the rate averaged 4.72%. The 15-year...
Living in the Big Apple comes with big price tags, especially regarding property taxes. According to a new data study from LendingTree (NASDAQ:TREE), New York City has the highest median property tax among the nation’s 50 largest metros. Homeowners in the City That...
Gibran Nicholas, one of the most prominent professional coaches in the housing industry, has announced his candidacy for the 2024 Democratic Presidential nomination. The 43-year-old Nicholas is founder and CEO of Momentifi, a financial information and content...
New data from ATTOM has determined that $339.8 billion in property taxes were levied on single-family homes during 2022, a 3.6% increase from the $328 billion harvested in 2021. However, while the increase was more than double the 1.6% growth in 2021, it was also...
The Federal Housing Finance Agency (FHFA) today announced updates to Fannie Mae and Freddie Mac’s Equitable Housing Finance Plans for 2023. According to the FHFA, the updates build upon the inaugural plans that the government-sponsored enterprises (GSEs) first...
Mortgage applications were on the decline, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 31. The MBA’s Market Composite Index took a 4.1% drop on a seasonally adjusted basis from one week earlier...
Hudson Pacific Pushes a $1.1 Billion Hollywood Loan Maturity Into 2027 — Wi…
