Mortgage rates were up in the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. A year ago at this time, it averaged 6.94%. The 15-year...
The Chicago suburb of Dolton, Illinois, has threatened to use eminent domain to seize the childhood home of Pope Leo XIV, which is scheduled to go up for auction next month. The Chicago Sun-Times the property is slated to be auctioned on June 18 by Paramount Realty...
Existing home sales during April dropped by 0.5% from March to a seasonally adjusted annual rate of 4.00 million in April, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales were down by 2.0% from 4.08 million in...
The Appraisal Institute’s national board has voted to remove Craig Steinley as vice president following a New York Times report that he was accused of sexual harassment by a dozen women. The New York Times reported the organization said it national board was “acting...
Virginia Gov. Glenn Youngkin has announced more than $16.9 million of funding for the Virginia Workforce Housing Investment Program to support the development of 740 workforce housing units across 10 localities. Virginia Housing administers the Workforce Housing...
Australia’s plan to build 1.2 million new homes by 2029 is falling short of its goals, according to the State of the Housing System 2025 report published by the government’s National Housing Supply and Affordability Council (NHSAC). The council’s report predicts...
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment…
