A growing number of borrowers were filling out mortgage applications during the week ending Aug. 1, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.1% on a...
A total of 6,100 homes were sold in July through the Toronto Regional Real Estate Board’s (TRREB) MLS, a 10.9% year-over-year increase. The latest home sales total was the strongest result for the month of July since 2021 – however, it was also slightly lower than the...
The Real Brokerage Inc. (NASDAQ: REAX) announced that Showcase Real Estate, an independent brokerage serving Northern California’s agricultural heartland, has joined the company under its Private Label program. Founded in 2018 in Yuba City by Donna Phelan, Showcase...
The Las Vegas-headquartered modular housing manufacturer Boxabl announced plans to go public through a merger with FG Merger II Corp. (Nasdaq: FGMC), a publicly traded special purpose acquisition company. Upon closing of the merger, the newly combined company is...
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
A coalition of Senate Republicans have introduced the Law Enforcement Tools to Interdict Troubling Investments in Abodes (LETITIA) Act, which is designed public officials accountable if they are found to have enriched themselves through federal bank fraud, tax fraud,...
