Mortgage credit availability recorded a mild uptick during January, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Mortgage Credit Availability Index (MCAI) recorded a 0.7% uptick last month to a 92.7 reading; the index was benchmarked to...
The National Association of Realtors (NAR) is now accepting applications for its 2024 Good Neighbor Awards. Now in its 25th year, the Good Neighbor Awards are presented as “honoring NAR members who exemplify dedication to volunteer service and make significant impacts...
The Consumer Financial Protection Bureau (CFPB) has announced a $12 million settlement that resolves an enforcement suit brought 10 years ago against a foreclosure relief operation that the agency identified as a scam. In May 2014, the CFPB filed a complaint against...
The Greater Toronto Area is expected to generate 77,000 homes sales during 2024, according to a new forecast from the Toronto Regional Real Estate Board (TRREB). The average selling price for all home types in the GTA market will reach $1.17 million this year, the...
The Miami-based real estate firm Safe and Green Development Corp. (SG Devco) (NASDAQ: SGD) has closed on its acquisition of Majestic World Holdings (MWH), a real estate technology firm and owner of the Xene AI Software platform. The purchase price for the acquisition...
The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, recording a scant uptick from last week when it averaged 6.63%, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.12%. The 15-year...
Hits and Misses for the Real Estate Week of June 29-July 3
