The final Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC) found 2025 ending with mortgage rates at their lowest level of the year. The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31, down from last week when it averaged 6.18%. A year...
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
reAlpha Mortgage, a division of reAlpha Tech Corp. (NASDAQ: AIRE), has launched a national loan officer recruitment program. According to the Dublin, Ohio-based company, the program will offer Restricted Stock Unit (RSU) awards to loan officers who join reAlpha. The...
November home sales in Kansas totaled 2,560 units, a 9.6% decline from the 2,831 transactions recorded one year earlier. At the end of the month, there were 3,762 contracts still pending, up 7.8% from the 3,491 total set 12 months earlier. According to data from...
Beginning on Jan. 1, home sellers in Iowa will need to disclose the presence of lead water lines in their property. KTIV reports the recently passed state law House File 876 goes into effect on New Year’s Day. This comes ahead of the 2037 deadline set in the US...
Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
