Mortgage rates were on the rise again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. A year ago at this time, it averaged...
Existing home sales recorded its first year-over-year upswing since July 2021, according to new data from the National Association of Realtors (NAR). Total existing-home sales were up 3.4% from September to a seasonally adjusted annual rate of 3.96 million in October....
A total of 1.67 million mortgages were secured by residential property (1 to 4 units) during the third quarter, according to a data report from ATTOM. This marked 1.9% increases on both a quarterly and annual measurement. Lenders issued $553.1 billion worth of...
A federal court has approved a $2.3 million settlement that resolves charges that SafeRent, an artificial intelligence (AI) screening tool used by landlords, used its algorithm scores to determine if a rental housing applicant using vouchers should be approved as a...
South African property buyers are now able to purchase real estate using Bitcoin or Ethereum. Bitcoin.com reported the financial services provider Schindlers Digital Assets is now offering cryptocurrency conversion services that adhere to South African financial...
A 50-year-old man in California’s Marin County was arrested yesterday for stealing thousands of dollars in jewelry and other items last month from open houses where he pretended to be a real estate agent. The Marin County Sheriff’s Office reported that Joshua...
Hits and Misses for the Real Estate Week of May 11-15
