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Mortgage Rates Record New Uptick

Mortgage Rates Record New Uptick

by Phil Hall | Jul 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

After five weeks in decline, mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of July 10, up from last week when it averaged 6.67%. A year ago at this...
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas

Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas

by Phil Hall | Jul 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Here is some news that will not inspire optimism at Airbnb (NASDAQ: ABNB) – a new survey nearly half (49%) of Americans feel short-term rentals should be banned entirely in residential areas. The survey of 1,000 adults conducted by Clever Real Estate’s Anytime...
Survey: 1 in 5 Americans Have Lived in a Storage Unit

Survey: 1 in 5 Americans Have Lived in a Storage Unit

by Phil Hall | Jul 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

How severe is the shortage of affordable housing opportunities? Well, a new survey has found one in five Americans have slept in a storage unit. The survey of 2,000 adults commissioned by StorageUnits.com found 24% of respondents saying they only spent one night in a...
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants

FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants

by Phil Hall | Jul 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $49.7 million in Affordable Housing Program (AHP) grants from its General Fund and Nevada Targeted Fund to support 31 developments across Arizona, California, and Nevada that will result...
BMO Unveils Spanish-Language Mortgage Application

BMO Unveils Spanish-Language Mortgage Application

by Phil Hall | Jul 10, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

BMO (NYSE: BMO) is seeking to expand homeownership access to Hispanics with its first Spanish-language mortgage application. Available both digitally and in a paper format available at branches, the application offers what the bank described as “culturally and...
Realtor.ca Canada Launches CEO Recruitment Process

Realtor.ca Canada Launches CEO Recruitment Process

by Phil Hall | Jul 10, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Realtor.ca Canada Inc. has begun a search process for a CEO. This search will be led by The Leadership Agency, a Toronto-based executive recruitment firm, and the organization said in a statement it was “seeking dynamic candidates who are passionate about building on...
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