President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
The Dallas-headquartered multifamily developer Trammell Crow Residential (TCR) is expanding its national platform with the opening of new offices in Phoenix and Nashville. To lead the new offices, TCR has named Tom Lewis as managing director in Phoenix and Peter Davis...
Corcoran Group LLC announced the launch of Corcoran Wiley, based in Charlottesville, Virginia. Formerly Wiley Real Estate, the firm was founded in 2016 and is led by broker/owners Justin and Peter Wiley, who serve clients throughout Central Virginia and the greater...
Homes were less affordable than historical averages in almost every county with sufficient data to analyze for the fourth quarter of 2025, according to a new report from ATTOM. Out of the 594 counties analyzed for the report, 99% (586) of the counties had...