Tenancy in six studio apartments within an affordable housing development in Manhattan will be decided by a lottery drawing. Hudson Companies and the New York City Department of Housing Preservation and Development announcing the housing lottery for the vacancies at...
Mortgage rates continued to leave the 7% in the rearview mirror, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95%. A year ago...
The national median mortgage payment was $2,137 in November, down from $62 in October, according to data from the Mortgage Bankers Association (MBA). However, November’s sum is up by $160 from one year ago, equal to an 8.1% increase. The national median mortgage...
The majority of millennials and Gen Zers did not grow up to move away from their hometowns, according to new data from LendingTree (NASDAQ:TREE). In a survey of 2,000 U.S. millennials and Gen Zers, 57% of respondents said they still live in their hometowns, while...
Median-priced single-family homes and condos remained less affordable in the fourth quarter compared to historical averages in 99% of counties around the nation, according to the latest 2023 U.S. Home Affordability Report from ATTOM. The new report found major...
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) have filed a lawsuit against the Texas-based developer and lender Colony Ridge, accusing the company of operating an illegal land sales scheme targeting tens of thousands of...
