San Francisco Mayor Daniel Lurie has declared a “rent emergency” for the city and unveiled six new ordinances designed to delay evictions, limit the level of rent increases forced upon residents, and increase funding for nonprofit lawyers who represent tenants in...
Three different data sources are reporting an increase in mortgage rates, with two of the sources insisting the 30-year fixed-rate mortgage topped 7% for the first time in over a year. Freddie Mac (OTCQB: FMCC) reported the 30-year fixed-rate mortgage averaged 6.76%...
The national entry point to luxury housing during August was $1.2 million, down by 4% from both July and August 2025, according to data from Realtor.com. August marked the 29th consecutive month of annual declines. Price thresholds declined across every luxury tier: a...
A nine-person Texas team that operated a series of fraudulent deed schemes has been hit with a pair of lawsuits filed by Harris County Attorney Abbie Kamin. The lawsuits detailed how the alleged fraudsters forged paperwork to acquire deeds to at least 10 homes and...
Property insurance accounts for 9.6% of the average monthly mortgage payment, according to the September Mortgage Monitor published by Intercontinental Exchange Inc. (NYSE: ICE). The average single-family mortgage holder now pays $209 per month for insurance, nearly...
Existing home sales during August were down by 2.0% month-over-month and 1.2% year-over-year, according to data from the National Association of Realtors (NAR). Last month’s sales were at a seasonally adjusted annual rate of 3.98 million, which marked the first time...
Pennymac Raises Early 2027 Conforming Loan Limit to $850,000
