The District of Columbia Housing Finance Agency (DCHFA) has named Marcus Ervin as senior vice president of multifamily lending and neighborhood investments (MLNI). In his new role, Ervin will serve as the agency’s chief underwriter with responsibilities for developing...
The Russian foreign ministry issued a warning to the government of Finland over its announced plans to speed the confiscation of Russian-owned real estate within their country. According to a Reuters report, many Russians who own apartments and holiday homes in...
The aggregate price of a home in Canada during the third quarter increased 3.6% year-over-year, according to the newly published Royal LePage House Price Survey. On a quarter-over-quarter basis, the national aggregate home price dipped by 0.8%, which the survey’s...
The Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice issued a joint statement reminding financial institutions that credit applicants are protected from discrimination on the basis of their national origin, race, and other characteristics...
The 30-year fixed-rate mortgage surged higher, averaging 7.57% as of Oct. 12, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it averaged 7.49%, and a year ago at this time it averages 6.92%. “For the fifth...
U.S. home values took a miniscule – but still unexpected – decline of 0.1% from August into September, according to new data from Zillow Group (NASDAQ:Z. ZG). Nonetheless, the typical home value is currently $350,091, up roughly 2% year-over-year, while 31 of the 50...
Former Arizona Shopping Center Site to Become Affordable Housing Complex
