Current News & Events
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
During the third quarter of 2025, 21.2% of outstanding mortgages carried interest rates of 6% or higher, compared to the 20.0% share with rates below 3%. Continue Reading Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
Mortgage Application Activity Soars by 28.5%
“Refinance applications surged 40% to the strongest weekly pace since October 2025,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Soars by 28.5%
New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
App users can ask questions about the specifics of the property and get immediate answers. Continue Reading New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
Hits and Misses for the Real Estate Week of Nov. 25-29
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. Continue Reading Hits and Misses for the Real Estate Week of Nov. 25-29
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
The plan involves $250 million in state support and $100 million from Detroit’s Downtown Development Authority. Continue Reading Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
Maine Lawmaker Seeks Property Tax Assessment Cap for Seniors
“We’ve got to figure out a way to help [older Mainers] that’s very direct,” said State Sen. Joe Baldacci. Continue Reading Maine Lawmaker Seeks Property Tax Assessment Cap for Seniors
Paris Cracks Down on Short-Term Rentals, Citing Housing Shortage
There are an estimated 25,000 apartments in Paris that are now available for unauthorized short-term rentals. Continue Reading Paris Cracks Down on Short-Term Rentals, Citing Housing Shortage
$295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
The property was sold by the Belgian developer Ghelamco to the Swedish investment firm Eastnine AB. Continue Reading $295 Million Sale of Warsaw Unit Marks Europe’s Biggest Office Property Transaction This Year
Woman at Center of North Carolina Deed Theft Case Continuing Her Scams
A woman who gained notoriety for attempting a deed theft scam on the mansion of a dentist in Raleigh, North Carolina, has obviously not learned any lessons from her miscreant shenanigans. WRAL reported that Dawn Mangum was arrested and charged with felony last...
Mortgage Rates Stay Flat Ahead of Holiday Weekend
The 30-year fixed-rate mortgage averaged 6.81% as of Nov. 27. Continue Reading Mortgage Rates Stay Flat Ahead of Holiday Weekend
Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.
Whitmire has been with DRMC since its inception in 2009. Continue Reading Diana Whitmire Named Chief Operations Officer at Diamond Residential Mortgage Corp.
Pending Home Sales Up for Third Straight Month
All four major regions experienced month-over-month gains in transactions. Continue Reading Pending Home Sales Up for Third Straight Month















