Mortgage rates recorded a scant upward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.49% as of June 25, up from last week when it averaged 6.47%. A year ago at this time, it...
Florida Gov. Ron DeSantis signed a new bill into law that will pave the way for the property tax relief being promised in a November ballot referendum. The new law, SB 4-F, was approved in a recent special session of the state legislature that also approved a ballot...
National Multifamily Corp. announced the sale of a four-property, 164-unit multifamily portfolio in Bridgeport, Connecticut, for $17.3 million, or $105,488 per unit. The properties located encompass 43 studio apartments, 101 one-bedrooms, and 20 two-bedrooms totaling...
The JJ Walser House, a Frank Lloyd Wright-designed residence in Chicago’s Austin neighborhood, has been acquired after years of being unoccupied and dilapidated. The Walser House was built in 1903 and is listed on the National Register of Historic Places. However, has...
Frank Carone, an advisor and chief of staff to New York City’s former Mayor Eric Adams, pleaded not guilty to federal corruption charges related to a bribery scheme involving migrant housing. The Gothamist reports Carone, his brother Anthony Carone, and Chinese...
Renovations at Johnson Hagood Stadium, the football venue for The Citadel Military College of South Carolina, have been halted following the discovery of what are believed to be historic gravesites. WCBD reports the Charleston-based college is now collaborating with...
Calendar Anomaly Boosts Mortgage Delinquency Rate by 15 Basis Points
