A trio Senate Democrats sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), to using his position for political machinations and to focus on lowering housing costs. The senators – Minority Leader Chuck Schumer of New York, Senate...
A total of 1.76 million mortgages secured by residential property (one to four units) were issued in the second quarter, a 19.4% surge from the prior quarter and a 6.3% increase from the same period last year. According to data from ATTOM, the second quarter’s $601.7...
The Connecticut estate that was once owned by boxing great Mike Tyson and later by rapper 50 Cent is now on the market for $9.9 million. The 17.6-acre property in Farmington, Connecticut, features a 51,000-square-foot home with 19 bedrooms, seven bedrooms,...
The 30-year fixed-rate mortgage averaged 6.56% as of Aug. 28, according to the latest Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC). The latest reading is down from last week when it averaged 6.58%. A year ago at this time, it averaged 6.35%....
Pending home sales during July were down by 0.4% month-over-month but were up 0.7% year-over-year, according to the National Association of Realtors (NAR). On a regional basis, pending sales were down in the Northeast and Midwest from June into July, but were up in...
Equity Union Real Estate is now offering 15 residences at 1361 Kelton Avenue, a new luxury condo complex in the Westwood section of Los Angeles. Developed by builder Orion Cityscape, the five-story complex has only three units per floor is being marketed as...
