Mortgage rates shot up to the border of the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, up from last week when it averaged 6.77%. A year ago at this...
The Federation of American Scientists is calling for the creation of a “national housing loss rate” that would measure how many people who lose their homes involuntarily. In a blog posting on the organization’s website by Yuliya Panfil, a senior fellow and director of...
Mill Creek Residential, a developer and operator specializing in rental communities, has begun preleasing at Modera Trinity, a luxury mixed-use apartment community along the west levee of the Trinity River in Dallas. The seven-story community features 204 apartments...
The housing market began 2024 with an uptick in existing home sales, according to data from the National Association of Realtors (NAR). Total existing home sales were up by 3.1% from December to a seasonally adjusted annual rate of 4 million in January....
Median rents in January were down for the sixth consecutive month, with year-over-year prices dropping by 0.3%, according to the latest Realtor.com Rental Report. Last month, the median asking rent for 0-2 bedroom units in the 50 largest metros declined to $1,712,...
CVS Health (NYSE: CVS) announced the allocation nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii. In collaboration with Urban Housing Communities, Ikaika ‘Ohana and Hunt Capital Partners, CVS...
CMBS Delinquency Rate Dips by Single Basis Point
