Residents of Edmonds, Washington, have been receiving hoax letters on the letterhead of the city government announcing their property is being seized to shelter illegal immigrants. The letters begin with this warning: “Upon the Biden administration’s suspending...
U.S. homeowners with mortgages saw their home equity increase by 9.6% year-over-year during the first quarter, according to data from CoreLogic. This represents a collective gain of $1.5 trillion and an average increase of $28,000 per borrower from one year earlier,...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
The San Francisco home whose exterior was used as the Tanner family residence in sitcom “Full House” has been listed for $6.5 million. According to Mansion Global, the Pacific Heights property was owned by the show’s creator, Jeff Franklin, who acquired it for $4...
Mortgage rates dipped in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.99% as of June 6, down from last week when it averaged 7.03%. A year ago at this time, it averaged 6.71%. The 15-year...
A new national poll commissioned by Nationwide found more than three-quarters of respondents (78%) rating the economy as poor or fair, with half of the respondents citing high housing costs for their pessimism. Nearly two-thirds (64%) of the respondents in...
