Source: Vox — What if one of the answers to America’s housing crisis is something that’s been staring us in the face? Public housing — but not exactly the kind most people think of. Even before the pandemic, the nation had too few homes available to buy or...
Source: Forbes — Today, the average rate on a 30-year fixed mortgage is 5.54%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.80%. On a 30-year jumbo mortgage, the average rate is 5.54%, and the average rate on a 5/1 ARM is 4.16%....
Source: Renaissance Capital — La Rosa Holdings, a Florida-based residential real estate brokerage franchise, lowered the proposed deal size for its upcoming IPO on Wednesday. The Celebration, FL-based company now plans to raise $7 million by offering 0.7...
Source: CNBC — Mortgage applications inched up last week for the first time since June 24. Total mortgage demand increased 1.2% as the average 30-year fixed mortgage rate made the largest weekly drop since 2020. Applications to refinance a home rose 2%,...
Source: Omaha Daily Herald — The commercial real estate world is changing by the day with rising interest rates, supply chain delays and re-envisioning the modern office space. Professionals in the industry will gather for the annual Commercial Real Estate...
Source: Geek Wire — Real estate tech startups are making it easier for people to invest and manage property. But critics argue that these software companies and their business models are gobbling up the limited amount of available housing in the process,...