The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
An initiative to gather voter signatures for a November referendum on abolishing Ohio’s property taxes is falling short of its goals. WJW reports the Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88...
Lennar Corp. (NYSE: LEN) has announced the grand opening of 121 West, a new community of paired homes and townhomes in Redmond, Oregon. According to the company, 121 West is a collection of two- and three-story paired homes and two-story townhomes, with five floor...
Completed foreclosure auctions during the first quarter were up by 33% from one year earlier and up by approximately 10% from the same period two years earlier, according to data from Auction.com. The first quarter’s activity was at a six-year high as distressed...
The 30-year fixed-rate mortgage averaged 6.23% as of April 23, down from last week when it averaged 6.30%. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the mortgage averaged 6.81% at this time one year ago. The 15-year...
Florida’s Burgess Island, a 104-acre private island estate based in Pine Island Sound between Sarasota and Naples, has been listed for sale at $89 million. The property features a luxury residence built in 1928 that features 11 bedrooms, 10 full bathrooms and three...
Oregon Apartment Portfolio Trades for $83 Million as Investors Target Durab…
