Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Existing home sales increased by 1.7% month-over-month in February, to a seasonally adjusted annual rate of 4.09 million, according to data from the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.4%. Month-over-month sales...
The luxury homebuilder Toll Brothers Inc. (NYSE:TOL) announced the grand opening of Linden Ridge, a boutique community of 26 single-family homes in Collegeville, Pennsylvania. Linden Ridge offers two-story home designs ranging from approximately 2,776 to over 3,700...
PennyMac Financial Services Inc. (NYSE: PFSI) has launched a suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. According to the Westlake Village, California-based company, the new products are designed to “help TPO...
The gaming and hospitality company Golden Entertainment Inc. (NASDAQ: GDEN) is giving away a newly-built $300,000 house as part of a sweepstakes contest. The company’s Aquarius Casino Resort and Edgewater Casino Resort in Laughlin, Nevada, are hosting the $300,000...
The statewide median home price in Texas during 2025 was $335,000, down 1.2% year-over-year. According to a data report from Texas Realtors, prices were higher in 14 metros, lower in nine markets, and unchanged in two metros. However, the four largest markets all...