Treasury Secretary Scott Bessent ratcheted up the Trump administration’s pressure for Federal Reserve rate cuts by bluntly stating the central bank’s benchmark is at least 1.5 percentage points too high. “I think we could go into a series of rate cuts here, starting...
A home seller living next door to a household with a slovenly property could find themselves losing prospective buyers who don’t want to be future neighbors with a bunch of slobs. A new survey commissioned by REMAX Canada found 18% of Canadians admitting that a poorly...
Mortgage application activity took a substantial increase for the week ending Aug. 8 thanks to an uptick in refinance inquiries, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application...
Core Palmetto, an affiliate of Miami-based Core Investment Management, announced the sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Core acquired Palmetto Plaza in 2021 for $33 million. While the company did not state the sale...
The Mortgage Bankers Association (MBA) announced the nomination of John Hedlund as its vice chairman for the 2026 membership year. Hedlund is vice chairman of ICE Mortgage Technology and has been active within the MBA as a member of its board of directors, as board...
Toronto-headquartered BSR Real Estate Investment Trust (TSX: HOM.U, HOM.UN) announced that it has purchased The Ownsby Apartments in the Dallas submarket of Celina, Texas submarket for $87.5 million. Completed earlier this year, The Ownsby comprises 368 apartment...
