Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) will propose an across-the-board leveling of its Upfront Capitalized and Annual Mortgage Insurance Premiums (MIPs) to 25 basis points for all...
Mortgage application activity improved slightly during the week ending June 20 thanks to an uptick in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
Rocket Mortgage, a division of Rocket Companies (NYSE: RKT), announced the addition of bridge loans to its product offerings. According to a statement from the Detroit-headquartered company, the new product “allows current homeowners to use equity to compete...
A 66-unit multifamily apartment community in the affluent New York City suburb of Greenwich, Connecticut, has been sold for $20.7 million. The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. The sale...
Elon Musk is no longer in Washington, DC, but the job-slashing impact of his Department of Government Efficiency (DOGE) has a lingering impact on the local housing market. A new data report from Bright MLS found over half (54%) of DC-area agents reported federal...
The number crunchers at WalletHub have published their 2025 version of the Best- and Worst-Run Cities in America, focusing on 148 of the nation’s largest municipalities. The rankings for this study were determined with a “Quality of Services” score made up of 36...
