The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
A St. Louis-area contractor who fraudulently obtained $1.7 million in pandemic loans was sentenced to three years in prison and ordered to repay the money. Coretta “Cory” Elliott owned and operated CMT LLC, a contractor that provided commercial construction,...
Illinois Gov. JB Pritzker sought to belittle efforts by Indiana lawmakers to lure the Chicago Bears to their state, accusing the state of dumping a new wave of taxes on residents without seeking their approval. TheIllinoize.com reports Pritzker highlighted reports...
Joshua Schuster, a former New York City real estate developer who was indicted last May for conducting a four-year, multimillion-dollar real estate investment scam, is reportedly planning to enter a guilty plea in his case. Hoodline.com reports Schuster is scheduled...
A total of 3,660 homes were sold in Maryland during January, which represented an 11.9% drop from the 4,155 sales recorded one year earlier. But while sales were down, new data from Maryland Realtors showed pending sales were up by 8.1% over the same period. Still,...
American Express (NYSE: AXP) has unveiled plans for a new global headquarters at 2 World Trade Center in Lower Manhattan. The building will be developed on land owned by the Port Authority of New York and New Jersey under a long-term ground lease. This marks the final...
