Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers Inc. (NYSE: TOL), and its joint venture partner Carlyle announced the grand opening of Peregrine, a new luxury mid-rise apartment community in the Dallas suburb of Irving, Texas. The new community...
A total number of 4,444 listings were sold in Kentucky during May, a 7.6% increase from April but also a 2% drop from one year earlier. According to Kentucky Realtors, the number of new listings last month totaled 6,670, a 6.3% increase from April and a 7.9% rise from...
Ginnie Mae announced the expansion of its mortgage-backed securities (MBS) portfolio to $2.76 trillion as of May. Ginnie Mae said that it issued $48 billion in total MBS last month, resulting in net portfolio growth of $17.6 billion. This issuance encompassed $46.3...
California recorded 254,190 closed escrow sales of existing, single-family detached homes in May, according to data from the California Association of Realtors (CAR). Last month’s sales pace was down 5.1% from the 267,710 homes sold in April and was down 4% from the...
Mortgage rates continued to inch down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of June 18, down from last week when it averaged 6.84%. A year ago at this time, it averaged...
Gen Z homebuyers accounted for a record-high 12% share of the VA purchase loan market during the first half of fiscal year 2025, triple their share from just three years ago. According to an analysis of Department of Veterans Affairs data published by Veterans United...
