The Fiat automobile brand has teamed with UNLMTD Real Estate, a development/investment and property management firm, on the creation of Fiat House, a multifamily development in Fort Lee, New Jersey. Scheduled to open in early 2024 and located at the foot of the George...
Mortgage applications activity continued to decline, according to data from the Mortgage Bankers Association (MBA) for the week ending Oct. 20. The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 1% on both a...
Although mortgage rates are climbing to a vertigo-inducing 8% level and home prices remain at historic highs, Americans are out buying new single-family houses with gusto. According to new data from the U.S. Census Bureau and the U.S. Department of Housing and Urban...
The long-running animated television series “Family Guy” had fun with reverse mortgages in general and the American Advisors Group advertisements featuring Tom Selleck in particular on its latest episode that aired Sunday night on Fox. In the episode, the perennially...
The federal banking regulators are completing an update to a Carter administration-era legislation designed to erase redlining and secure more lending in lower-income neighborhoods by banks. The Federal Reserve voted six to one today to complete the updating of the...
A down payment on a home across the nation’s 50 largest metros averages $84,499, according to a new study from LendingTree (NASDAQ:TREE). This sum is slightly lower than the average of $84,983 recorded one year earlier. LendingTree noted that none of the 50 largest...
Hits and Misses for the Real Estate Week of June 29-July 3
