Mortgage rates started the New Year moving closer to the 7% mark, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.91% as of Jan. 2, up from last week when it averaged 6.85%. A year ago...
New York City is taking at trashy approach to its housing shortage – an old garage for garbage trucks is being converted into a 232-unit development. According to The Gothamist, the 115,000-square-foot garage on Staten Island will become an affordable housing complex...
Mortgage applications decreased 21.9% from two weeks earlier, according to data from the Mortgage Bankers Association (MBA) for the week ending Dec. 27, 2024; the results included an adjustment to account for the Christmas holiday. The Market Composite Index, the...
As I sit at my kitchen table, sipping a steaming cup of mint herbal tea and reflecting on the past few years, one thing becomes abundantly clear: the concept of home has never been more significant. In a world full of uncertainties—economic upheavals, a global...
The S&P CoreLogic Case-Shiller US National Home Price NSA Index recorded its 17th straight new high, with a 3.6% annual return for October. This is down slightly from a 3.9% annual gain in the previous month. The 10-City Composite saw an annual increase of 4.8%,...
The homebuilder Century Communities Inc. (NYSE: CCS) is now selling homes from its Century Complete brand at Hewett Place, a new community in Supply, North Carolina. Hewett Place offers 101 single-family homesites with five floor plans available up to 1,765 square...
