Mortgage rates took a dip for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of June 15, down from last week when it averaged 6.71%. A year ago at...
The total number of U.S. homes for sale for the four weeks ending June 11 was 6% lower from one year earlier, according to data from Redfin (NASDAQ:RDFN). This is the biggest decline in 13 months. Redfin reported new listings were down by 23%, which marked the tenth...
The Federal Housing Administration (FHA) is making more than 30 single-family home loan documents and related resources used in the origination of FHA-insured mortgages available in Chinese, Korean, Spanish, Tagalog and Vietnamese. According to the agency, the...
UnidosUS, a nonprofit, nonpartisan Hispanic civil rights organization, has launched HOME (Home Ownership Means Equity), a new initiative that seeks to enable four million new Hispanic homeowners by 2030. According to the Washington, D.C.-based organization, HOME will...
Wells Fargo (NYSE:WFC) is completing a deal to sell a downtown San Francisco office property at a fraction of what it paid two decades ago. CoStar News, sourcing its coverage from unnamed “people with direct knowledge of the deal,” reported the 355,000-square-foot...
The real estate software company Yardi added a new feature to their rental listing portal Point2 that will help Nova Scotia residents who were displaced in ongoing wildfires find temporary shelter. To locate these properties, evacuees can use the filter “NS Wildfire...
Hits and Misses for the Real Estate Week of Aug. 24-28
