Current News & Events
Two Harbors Investment Corp. Identifies CrossCountry Mortgage as New Bidder for Merger
Two Harbors Investment Corp. (NYSE: TWO), a New York City-based mortgage servicing rights-focused real estate investment trust, announced that an unsolicited proposal to acquire all of the outstanding shares of common stock constituted a “Company Superior Proposal” as...
New York State Housing Inventory at Record Low
The statewide median sales price last month was $425,000, unchanged from February 2025. Continue Reading New York State Housing Inventory at Record Low
Atlanta Fed Chief Recommends Waiting on Rate Cuts
The Fed has kept its policy rate in the 5.25%-5.50% range for more than year as a strategy to bring down high inflation. Continue Reading Atlanta Fed Chief Recommends Waiting on Rate Cuts
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29. Continue Reading Mortgage Rates Drop Again
Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes
Aurora City Council member Dani Jurinsky stated the gang has taken over local several apartment complexes. Continue Reading Police Dispute Claims That Venezuelan Crime Gang Took Over Denver-Area Apartment Complexes
Pending Home Sales Plummeted in July
“A sales recovery did not occur in midsummer,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Plummeted in July
Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
On the plus side, listings of starter homes were up nearly 20% year-over-year nationwide in July. Continue Reading Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
Home Mortgage Lending Records Q2 Rebound
Purchase loan activity was up by 32.7% while refinance deals rose by 10.3%. Continue Reading Home Mortgage Lending Records Q2 Rebound
Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
The product is for homeowners seeking to quickly remove home sale contingencies and debt-to-income constraints at any point in the homebuying process. Continue Reading Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
SIOR Foundation Provides $22,000 Grant for Ukrainian Real Estate Development School
The grant will be used to provide free training for at least 100 reconstruction specialists. Continue Reading SIOR Foundation Provides $22,000 Grant for Ukrainian Real Estate Development School
California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
This is California’s largest home insurance hike in three years. Continue Reading California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
The residential real estate rule is scheduled to begin in December 2025. Continue Reading Treasury Issues New Rule to Prevent Money Laundering Through Housing Market
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