A new data report from the Mortgage Bankers Association (MBA) determined that 2,530 different multifamily lenders originated a total of $381.8 billion in new mortgages for multifamily properties with five or more units during 2025. Last year’s multifamily lending...
The Chicago Bears leadership reiterated that it remains focused on leaving Illinois to build a new stadium across the state line in Hammond, Indiana. However, the team stopped short of making a declaration for an out-of-state relocation. The Chicago Sun-Times reports...
The July housing market had 51.3% more home sellers than buyers, according to data from Redfin. That imbalance was slightly below December’s peak of 51.8% and up from the 47.9% share recorded in June. Nationwide, there were an estimated 966,752 buyers in the...
New York City Mayor Zohran Mamdani reluctantly jettisoned his campaign promise to demolish the 20,000-square-foot Elizabeth Street Garden in Lower Manhattan in favor of affordable housing for seniors. The garden would have been razed in favor of a 123-unit housing...
The delinquency rate for mortgage loans on one-to-four-unit residential properties during the second quarter decreased to a seasonally adjusted rate of 4.37% of all loans outstanding, according to data from the Mortgage Bankers Association (MBA). The delinquency rate...
Kentucky Gov. Andy Beshear is complaining that the Trump administration failed to inform him of its plans for a $100 billion data center campus on federal land in his state. The proposed Paducah American Energy Hub is slated to be built on a 3,500-acre Department of...
Serial Squatter Sentenced to 20 Years in Texas Fraud Case
30-Year Fixed-Rate Mortgage Rises to 6.71%, Highest Level in Over a Year
