Rocket Companies (NYSE: RKT) and Compass Inc. (NYSE: COMP) announced a three-year strategic alliance designed to expand home listings. As part of this alliance, Compass’ “Coming Soon” listings will appear immediately on Rocket’s Redfin platform, with “Private...
Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced it is allocating $120 million for its 2026 affordable housing programs. The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance...
Salem, Oregon-headquartered Willamette Valley Bank announced it will discontinue it residential mortgage lending business effective March 31. “The residential mortgage industry has undergone significant changes in recent years, including the growth of online and...
The 30-year fixed-rate mortgage averaged 5.98% in today’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.01%. A year ago at this time, it averaged 6.76%. “For the first time in three and a half...
A total of 3,660 homes were sold in Maryland during January, which represented an 11.9% drop from the 4,155 sales recorded one year earlier. But while sales were down, new data from Maryland Realtors showed pending sales were up by 8.1% over the same period. Still,...
The homebuilder Century Communities Inc. (NYSE: CCS) announced it will soon begin selling residences at its latest project, Ellison Townhomes in Spartanburg, South Carolina. The new townhome community will offer 1,402-square-foot residences with three bedrooms and an...
Hits and Misses for the Real Estate Week of April 27-May 1
