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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%
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%
CFPB’s Vought Puts in Request for Fed to Fund the Agency
Russ Vought, the acting director of the Consumer Financial Protection Bureau (CFPB), complied with a court order to request $145 million from the Federal Reserve to fund the agency. In late December, US District Judge Amy Berman, an Obama appointee, decreed the CFPB...
White House Dropping Plans for 50-Year Mortgage
The Trump administration is dropping its efforts to push for 50-year mortgages as a strategy to encourage affordable homeownership. In November, Federal Housing Finance Agency Director Bill Pulte encouraged President Trump to float the idea for the 50-year mortgage....
LA Rams Owner Sues Over Planned Billboards Near His Stadium
The owner of the Los Angeles Rams has filed a lawsuit against the City of Inglewood, California, for planning to allow digital billboards to go up near SoFi Stadium, claiming it would create “ambush marketing” around his $5.5 billion complex. Last April, Inglewood...
NEWS & CURRENT EVENTS
Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
The golf course hosted US Open Qualifying events in 1998 and 2001. Continue Reading Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
Ricky Lee Taylor Jr. is a former University of Tennessee at Chattanooga basketball player. Continue Reading Chattanooga Pastor/Real Estate Investment Coach Sentenced in Covid Loan Fraud
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
Pulte also resumed his online attacks on the Federal Reserve chairman with a post that said, “Jerome Powell should resign, immediately.” Continue Reading FHFA’s Pulte Demands Home Builders ‘Start Building Out Their Lot Supply’
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Virginia Real Estate Agent Shot in Her Home During New Year’s Eve Burglary
The 72-year-old Judy Boone was taken to the hospital and is currently in stable condition Continue Reading Virginia Real Estate Agent Shot in Her Home During New Year’s Eve Burglary
Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Brinton was previously controller at the American Association of Airport Executives. Continue Reading Mortgage Bankers Association Names Alexandra Brinton as VP/CFO
Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
The GoFundMe campaign is titled “Help Mickey Rourke Stay in His Home” and raised just under $20,000 since its launch on Jan. 4. Continue Reading Mickey Rourke Starts GoFundMe Campaign to Fight Eviction from LA Home
Meraas Previews Masterplan for New Dubai Waterfront Development
The timeline and budget for the project were not disclosed. Continue Reading Meraas Previews Masterplan for New Dubai Waterfront Development
Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
The HUD Secretary on a roll, pending home sales on the rise, and Warren Buffett calls it a day. Continue Reading Hits and Misses for the Real Estate Week of Dec. 29-Jan. 2
Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
Christopher Judge faces up to 20 years in federal prison. Continue Reading Fort Worth Business Owner Pleads Guilty in Unfinished Home Building Fraud Case
The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
The Kraft Group, which also owns the New England Patriots, will make an initial payment of $3 million over six years to Boston, which will go into the Charlestown Community Impact Fund Continue Reading The Kraft Group Reaches Agreement for New Boston-Area Soccer Stadium
Maryland to See Average Increase of 12.7% on Property Tax Assessments
All 23 counties and Baltimore City will see increases in property values. Continue Reading Maryland to See Average Increase of 12.7% on Property Tax Assessments
SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
Bradford and Linarducci raised more than $35 million and $13 million in investor funds, respectively. Continue Reading SEC Charges Duo for $300 Million Ponzi Scheme Tied to ‘Real Estate Acceleration Loans’ Program
International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
The purchase price was not disclosed. Continue Reading International Hot Rod Association Acquires North Carolina’s Rockingham Speedway
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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