The Seattle City Council unanimously passed legislation sponsored by Mayor Katie Wilson that will end “junk fees,” the add-on fees charged to rental housing tenants. King5.com reports the new law goes into effect on July 1, 2027, and will prevent landlords from...
Golfweek, the digital media outlet and golf publication produced by USA Today Co. (NYSE: TDAY), has partnered with REMAX (NYSE: RMAX) on the launch of Golf Real Estate, a dedicated golf course real estate and lifestyles destination. According to the companies, this...
Ginnie Mae issued $53.1 billion in total mortgage-backed securities (MBS) during July, resulting in net portfolio growth of $20.5 billion. Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. In addition, Ginnie Mae facilitated the...
A New York state appellate judge ruled that New York City Mayor Zohran Mamdani can continue with the rollout of pied-à-terre tax while it continues to face a legal challenge. On Monday, Staten Island Judge Wayne Ozzi on Monday issued a temporary restraining order...
After five consecutive weeks on the rise, mortgage rates finally took a very mild dip. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the 30-year fixed-rate mortgage averaged 6.67% as of Aug. 13, down from last week when it...
A new data report from the Mortgage Bankers Association (MBA) determined that 2,530 different multifamily lenders originated a total of $381.8 billion in new mortgages for multifamily properties with five or more units during 2025. Last year’s multifamily lending...