Mortgage application activity took a nosedive for the week ending Aug. 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10.1% on a seasonally adjusted basis...
The private equity firm Silver Canyon Group has acquired Franklin Homes, the Russellville, Alabama-based producer of manufactured housing, modular residential, and multifamily buildings. The financial terms of the acquisition were not disclosed. Franklin Homes was...
Toronto-headquartered Equitable Bank is rolling out the Laneway House Mortgage, a construction loan designed to help Canadian homeowners finance the building of laneway homes or garden suites on their property. The new loan product will initially be available in the...
Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
The only completed skyscraper designed by the master architect Frank Lloyd Wright is being listed for sale only 18 months after it last changed hands. Art News reported Price Tower, a 19-story, 221-foot-high mixed-use property in Bartlesville, Oklahoma, is being...
Former Baltimore State’s Attorney Marilyn Mosby has filed an appeal to set aside her convictions on mortgage fraud and perjury charges. The Baltimore Sun reported Mosby submitted a brief to the 4th U.S. Circuit Court of Appeals, Mosby claiming there were flaws in her...
Builders Grow Slightly More Confident in Housing Market
