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Lowe’s to Teach DIY Skills in New Home Repair Workshops

Lowe’s to Teach DIY Skills in New Home Repair Workshops

by Phil Hall | Nov 10, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The retailer Lowe’s (NYSE:LOW) is launching Home Repair Workshops, where store associates will teach customers the basics of home repair and maintenance through live, interactive workshops. Beginning on Nov. 11, Home Repair Workshops will be hosted in 100 stores...
Nestor R. Weigand Jr., Kansas Real Estate Executive and 1988 NAR President, Dies at 84

Nestor R. Weigand Jr., Kansas Real Estate Executive and 1988 NAR President, Dies at 84

by Phil Hall | Nov 10, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Nestor R. Weigand Jr., a Kansas real estate executive who served as president of the National Association of Realtors in 1988, passed away on Nov. 1 at the age of 84. Weigand was born in 1939 and graduated from the University of Notre Dame with a BBA in finance in...
Mortgage Rates Go Into a Slump

Mortgage Rates Go Into a Slump

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates were in decline this week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.5% as of Nov. 9, down from last week when it averaged 7.76%. A year ago at this time, it...
TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink

by Phil Hall | Nov 9, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage balances increased to $11.8 trillion...
Lance Drummond to Become Chairman of Freddie Mac’s Board of Directors

Lance Drummond to Become Chairman of Freddie Mac’s Board of Directors

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the appointment of Lance Drummond as chairman of its board of directors. He will succeed Sara Mathew, who will retire from the board next February.as Board chair and as a Director in February 2024, as required by the company’s...
Oklahoma County Sheriff’s Office to Hold Online Foreclosure Auction

Oklahoma County Sheriff’s Office to Hold Online Foreclosure Auction

by Phil Hall | Nov 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Sheriff’s Office in Oklahoma County, Oklahoma, is partnering with Bid4Assets, an online marketplace for distressed real estate sales, to conduct their first-ever online sheriff’s sale. Oklahoma County’s is scheduled for November 14. Prospective bidders must...
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