Mortgage rates in the US rose, resuming an upward climb that threatens to further cool the housing market.
The average for a 30-year loan jumped to 5.51% from 5.3% last week, Freddie Mac said in a statement Thursday. It’s up from 3.11% at the end of last year.
Herrera first joined the company in 2022 as a loan officer before being promoted to producing sales manager. Continue Reading National Mortgage Bankers Promotes Yasser Valdes Herrera to President of Americasa Mortgage Platform
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. Continue Reading Hits and Misses for the Real Estate Week of April 6-10
NAR will seek a stay in the ongoing Batton lawsuit, with the organization claiming the settlement in Tuccori is intended to release the claims in the Batton case. Continue Reading NAR in $52.25 Million Settlement of Tuccori Commissions Lawsuit
his is slightly above the all-time low of 20% recorded in 2024. Continue Reading First-Time Homebuyers Accounted for 21% of the Texas Housing Market
The median sold price of $425,000 was a 3.7% uptick from the $410,000 price from 12 months before. Continue Reading Mid-Atlantic Region Records Spike in Listings
The new bank plans to open later this year and will serve commercial businesses, consumers and private wealth clients. Continue Reading Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Years, Receives Conditional Approval
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