The commercial mortgage-backed securities (CMBS) delinquency rate rose 14 basis points to 4.39% in September, according to new data from Trepp LLC. This is the second-highest reading for the CMBS delinquency rate since the end of the Covid-19 pandemic. Year over year,...
The U.S. foreclosure rate held steady in July for the 17th consecutive month in July at 0.3% while the serious delinquency rate (90 days or more late) dropped to a 23-year low at 1%, according to new data from CoreLogic. During July, 2.7% of all mortgages were in some...
DwellWell, a Los Angeles-based homebuying hub, has unveiled its first scholarship focused on the future of AI in real estate. The new $1,000 scholarship will be awarded to current college and university students, who can apply via the DwellWell website by creating a...
Hyatt Hotels Corp. (NYSE: H) is planning to launch Homes & Hideaways by World of Hyatt, a new platform offering the short-term vacation rentals of private homes in leisure and resort locations. In announcing the new platform, the Chicago-headquartered company...
Tech Trends: Last week I shared with you some tips on how to do email marketing effectively. This week I am going to continue that conversation, but drill down on one email marketing solution that is making headlines and getting some rave reviews. iContact...
Mortgage rates have reached a level not seen since Bill Clinton was in the White House, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.31% as of Sept. 28, up from last week when it...
Hits and Misses for the Real Estate Week of June 29-July 3
