The European Central Bank (ECB) enacted a new round of 25 basis points interest rate cuts. The ECB’s interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are being reduced to 2.50%, 2.65% and 2.90% respectively,...
Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.63% as of March 6, down from last week when it averaged 6.76%. A year ago at this time, it averaged...
The overlap between the real estate industry and artificial intelligence (AI) solution is the focus of this week’s Tech Trends coverage. Addressing Agent Efficiency. Phoenix-headquartered Lofty (formerly Chime Technologies) has debuted Lofty AI Copilot, which is...
Two-thirds of the 50 counties with the most at-risk housing markets in the fourth quarter of 2024 were in California, Florida, Illinois, and the New York City area, according to new data from ATTOM. County-level housing markets on the latest list included 14 were in...
Wyoming Gov. Mark Gordon has signed a bill into law that provides a 25% property tax exemption on the first $1 million of a single-family home’s fair market value. Wyoming News reports the legislation, Senate File 69, takes effect immediately and does not have a...
Richmond American Homes of Maryland Inc. announced the grand opening of Arden at Bedford, an addition to its Bedford masterplan in Corona, California. Arden at Bedford offers single- and two-story homes that are available in three floor plans that span 3- to...
Man Behind Proposed Detroit-Area Sports and Entertainment Complex Charged w…
