Mortgage rates sank again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.64% as of April 3, down slightly from last week when it averaged 6.65%. A year ago at this time, it averaged...
Avanti Residential, a Denver-based multifamily investor and operator, has rolled out its new affiliate Avanti Residential Housing, which will focus on Low-Income Housing Tax Credit (LIHTC) development, acquisition, and preservation. The new Tampa-based affiliate will...
A total of 5,011 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in March, a 23.1% year-over-year decline. On an unadjusted basis, March sales were down month-over-month compared to February. While sales were down, new...
A private island in Connecticut has been relisted with a $250,000 discount. The Register Citizen reports Burr Island, also known as Jepson Island, is up for sale again at $1.05 million after being taken off the market last November. Burr Island is part of the Thimble...
M&G plc, the London-headquartered global investment manager, announced the appointment of Martin Towns as the global head of its $42 billion real estate business, effective July 1. Towns, who is currently deputy global head of M&G Real Estate, will replace...
A new museum dedicated to tracing the history of public housing in the US will open tomorrow in Chicago. The Art Newspaper reports the National Public Housing Museum (NPHM) will be based in a 45,000-square-foot, three-story space that was the last remaining building...
