President Trump made a surprise announcement on Saturday via a Truth Social posting where he floated the idea of a 50-year mortgage. In his post, Trump compared his advocacy for a 50-year mortgage to President Franklin D. Roosevelt’s advocacy of a 30-year mortgage...
Oscar-winning filmmaker Francis Ford Coppola has sold his private island in Belize to help pay off the debts he incurred on the box office flop of his epic production “Megalopolis.” According to The Hollywood Reporter, Coppola received $1.8 million for the sale of...
President Trump is reportedly pressuring the Washington Commanders to name their planned $3.7 billon stadium in his honor. ESPN, citing coverage from “multiple sources with knowledge of the situation,” reports there has been “back-channel communications” between the...
The Wendy’s Company (NASDAQ: WEN) is planning to close hundreds of its US-based fast-food eateries to help steady the company’s financial strength. In an earnings call on Friday with financial analysts, Interim CEO Ken Cook said a “mid-single-digit percentage” of the...
Mortgage credit availability was more abundant in October, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). “Credit availability in October rose to its highest level since 2022 as investors broadened their...
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 3-7. Miss: A Tough Market...