Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
The homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at The Reserve at Crystal Lake, is coming soon to Commerce Township, Michigan. The new community will feature waterfront living surrounding 40-acre Crystal Lake and the...
The former Carmel-by-the-Sea, California-based home of iconic actor and director Clint Eastwood was sold for $18.55 million. The Wall Street Journal reported the property was listed in August for $21 million by Frederick O’Such, a retired investor who bought the...
A newly released investigation report has found California residents holding Section 8 housing vouchers were refused rental contracts by more than 200 landlords in the state. According to the Associated Press, the nonprofit Housing Rights Initiative filed complaints...
A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...
