A leader of the movement to abolish Michigan’s property taxes announced her candidacy to become the state’s governor. MLive.com reports Karla Wagner, the executive director of Ax MI Tax, has filed to become a candidate in next year’s gubernatorial race. In addition to...
Irvine, California-headquartered loanDepot Inc. (NYSE: LDI) announced the promotions of Tom Fiddler to the newly established position as president of retail lending and Dan Peña as president of partnership lending. Fiddler joined loanDepot in 2015 and was most...
President Trump has named Dr. Stephen Miran, chairman of the Council of Economic Advisors, as a temporary replacement on the Federal Reserve Board of Governors. Miran’s interim term will run through until Jan. 31, 2026. In a Truth Social posting, the president said...
The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Mortgage Delinquency Rate Inches Up to 3.72%
