Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding reached $2.74 trillion as of April. The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. This included $40.7 billion in...
The number of sales recorded over Canadian MLS Systems was unchanged (-0.1%) between March and April, pausing the trend of declining activity since the beginning of the year. According to the Canadian Real Estate Association (CREA), actual (not seasonally adjusted)...
The Vietnamese government has approved a $1.5 billion proposal by the Trump Organization to build golf courses, hotels and real estate projects in the country. The Associated Press reports the Trump Organization and a local developer, Kinhbac City, proposed their...
The Washington, DC headquarters of the Voice of America is the latest federal property on the list for “accelerated disposal.” Bloomberg reports the property, formally known at the Wilbur Cohen Federal Building, is located south of the National Mall and two blocks...
A new data analysis by the National Association of Realtors (NAR) has determined affordable homeownership is still an elusive commodity for too many Americans. The new NAR study found households earning $75,000 a year can only afford 21.2% of home listings as of...
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of May 15, up from last week when it averaged 6.76%. A year ago at this time, it averaged 7.02%. The...
Chicago Mayor Renews Effort to Keep the Bears from Relocating
