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
Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
Chief Operating Officer David G. Paulson will succeed Watson on Dec. 31. Continue Reading Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
The Greenest State Is…
Texas was ranked last due to high levels of water contamination and low recycling rates. Continue Reading The Greenest State Is…
HUD Releases $85 Million in PRO Housing Program Grants
The grants were rewarded in a competition that saw applications from over 175 communities in 47 states and territories. Continue Reading HUD Releases $85 Million in PRO Housing Program Grants
Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
The football team is pursuing a Plan B by shifting the potential stadium into the suburban village of Arlington Heights. Continue Reading Poll Finds Voters Unhappy with Chicago Bears Stadium Plan
Mortgage Application Activity Inches Up
The total number of home loans now in forbearance declined slightly to 0.21% as of May 31. Continue Reading Mortgage Application Activity Inches Up
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
The acquisition encompasses more than 5,200 apartment units in newly built mid- and high-rise complexes Continue Reading Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
Florida Realtors Award $242K in Scholarships
All the scholarship recipients are Florida residents. Continue Reading Florida Realtors Award $242K in Scholarships
MRI Software Acquires Insurent, a Guarantor Insurance Services Provider
The financial terms of the acquisition were not disclosed. Continue Reading MRI Software Acquires Insurent, a Guarantor Insurance Services Provider
Hyatt Adds Two Hotels to New Orleans Portfolio
Maison Métier and The Barnett are located on Carondelet Street, just one block from Lafayette Square. Continue Reading Hyatt Adds Two Hotels to New Orleans Portfolio
Did a Russian Ransomware Gang Breach the Federal Reserve?
Cybersecurity experts are skeptical that any attack transpired. Continue Reading Did a Russian Ransomware Gang Breach the Federal Reserve?
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