Real REMAX Group is already making a significant change to its mortgage strategy, just days after completing the combination of The Real Brokerage and REMAX. The newly combined company will stop selling new Motto Mortgage franchises and no longer invest in expanding...
Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...
Iowa recorded 3,607 closed home sales in July, a 16% decline from the 4,304 transactions in the prior month and 4.2% jump from the 3,482 transactions from one year earlier. According to data from Iowa Realtors, the 3,232 pending transactions last month represented a...
A 268-unit apartment complex in San Jose has been sold for $122.3 million. The San Jose Mercury News reports an affiliate of the San Francisco-based Carmel Partners acquired property all-cash deal, according to documents filed with the Santa Clara Court Recorder’s...
An Atlanta suburb has approved a rezoning plan for a mixed-use development that would include a hockey arena and rental housing. However, the rental housing component would be cancelled if the development cannot land a National Hockey League team. The Atlanta Business...
Mortgage rates registered a scant increase in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. A year ago at this time, it...
