Current News & Events
Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
“I’ve wanted to fire him, but I hate to be controversial,” Trump said. Continue Reading Trump Threatens to Fire Powell if He Stays on the Federal Reserve Board
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
OFA Group Signs LOI to Acquire Majority Stake in Aspire Homes Realty
The financial aspects of the deal were not disclosed. Continue Reading OFA Group Signs LOI to Acquire Majority Stake in Aspire Homes Realty
Why is a Rhode Island Property Tax Being Named After Taylor Swift?
Swift has not been seen in Rhode Island since last August when she hosted a celebrity-filled party at her property. Continue Reading Why is a Rhode Island Property Tax Being Named After Taylor Swift?
FHFA’s Pulte Says Would-Be Freddie Mac Bomber is Still Contacting Him
Lozano was fired from her job prior to Pulte’s confirmation as FHFA director. Continue Reading FHFA’s Pulte Says Would-Be Freddie Mac Bomber is Still Contacting Him
City Ventures Debuts New LA-Area Townhome Community
Pricing begins in the $500,000s. Continue Reading City Ventures Debuts New LA-Area Townhome Community
Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
The fund invested $61 million of equity in these transactions. Continue Reading Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Blackstone has acquired $20 billion of CRE loan portfolios in the last 24 months. Continue Reading Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
Mortgage Application Payments Increased in May
The national median mortgage payment for conventional loan applicants was $2,235, up from $2,206 in April and up from $2,226 in May 2024. Continue Reading Mortgage Application Payments Increased in May
Weis Markets Opens First New Supermarket in 3 Years
The new store is Weis’ 50th in Maryland and includes a drive-thru pharmacy and a six-pump fuel center. Continue Reading Weis Markets Opens First New Supermarket in 3 Years















