Mortgage rates continued to leave the 7% in the rearview mirror, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95%. A year ago...
Real Messenger Inc., a Costa Mesa, California-based provider of real estate communication tools, announced the upcoming launch of its new premium subscription service, RealPremium. According to the company, RealPremium will offer enhanced features and functionality...
The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) announced the sale of $19.2 million sale of Manchester Parkade, a 302,000-square-foot shopping center in Manchester, Connecticut. The property was developed in 1962 and is 92% occupied with 46...
The national median mortgage payment was $2,137 in November, down from $62 in October, according to data from the Mortgage Bankers Association (MBA). However, November’s sum is up by $160 from one year ago, equal to an 8.1% increase. The national median mortgage...
The majority of millennials and Gen Zers did not grow up to move away from their hometowns, according to new data from LendingTree (NASDAQ:TREE). In a survey of 2,000 U.S. millennials and Gen Zers, 57% of respondents said they still live in their hometowns, while...
Median-priced single-family homes and condos remained less affordable in the fourth quarter compared to historical averages in 99% of counties around the nation, according to the latest 2023 U.S. Home Affordability Report from ATTOM. The new report found major...