The West Virginia Housing Development Fund issued more than $20 million in affordable mortgage loans to buyers across the state in July, a new record level that resulted in the doubling of year-over-year totals. During July, the Fund issued 119 loans through its...
The 30-year fixed-rate mortgage averaged 7.12% as of Sept. 7, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is a decline from last week when it averaged 7.18%. A year ago at this time, it averaged 5.89%. “For the fourth...
Zillow (NASDAQ:ZG, Z) and Realtor.com have expanded their respective platforms with new offerings aimed at rental housing. Zillow has partnered with Homesite to offer renters insurance via its app or website. In the debut of this product, Zillow pointed to its...
New York University’s Grossman School of Medicine has acquired the Lathanian, a 23-story luxury apartment building on the East Side of Manhattan, for $210 million. According to a Commercial Observer report, the 209-unit building is adjacent to NYU Langone Health’s...
The Asian Real Estate Association of America (AREAA) is partnering with Wells Fargo & Co. (NYSE:WFC) on a new endeavor to advance sustainable homeownership for first-time homebuyers and low- to moderate-income households within the Asian American Native Hawaiian...
HGTV has launched its latest sweepstakes competition with the HGTV Urban Oasis 2023 featuring a grand prize of a newly built, fully furnished home located in Louisville, Kentucky. In addition to the keys to the new four-bedroom, two-and-a-half-bathroom home, the...
Hits and Misses for the Real Estate Week of May 11-15
