Current News & Events
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Treasury Secretary Bessent called on called on the Banking Committee to proceed with a hearing on Warsh’s nomination despite Tillis’ stand. Continue Reading Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Rick Seehausen Named President of Lenders One
Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing, Continue Reading Rick Seehausen Named President of Lenders One
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Florida’s Valiente Polo Farm Listed for Sale
The 150-acre Valiente Polo Farm in Wellington, Florida, is being marketed by Icon Global. Continue Reading Florida’s Valiente Polo Farm Listed for Sale
12,000-Seat Soccer Stadium Project Planned for Baltimore
“We want to build the professional soccer foundation in Baltimore that’s going to lead to growth in the future,” said DC United Co-Chairman and CEO Jason Levien. Continue Reading 12,000-Seat Soccer Stadium Project Planned for Baltimore
Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
The legislation seeks to ensure new data centers use energy from power generation sources that are separate from the grid. Continue Reading Bipartisan Bill Aims to Prevent Data Centers from Increasing Consumer Electricity Costs
Toll Brothers Debuts 12-Home Luxury Community in North Carolina
Homes in the community are priced from $1.1 million. Continue Reading Toll Brothers Debuts 12-Home Luxury Community in North Carolina
Mortgage Delinquencies Up During Q4 2025
The five states with the largest quarterly increases in their overall delinquency rate were: Mississippi (109 basis points), Louisiana (89 basis points), Maryland (87 basis points), Oklahoma (86 basis points), and Indiana (86 basis points). Continue Reading Mortgage Delinquencies Up During Q4 2025
