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Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
Chris Reyes Named Chief Technology Officer at Douglas Elliman Realty
Douglas Elliman Realty LLC, the residential real estate brokerage division of Douglas Elliman Inc. (NYSE: DOUG), has hired Chris Reyes as chief technology officer (CTO). Reyes joins Douglas Elliman from Brown Harris Stevens, where he served as CTO. Earlier in his...
Atlanta Fed Chief Bostic to Retire in February
Raphael W. Bostic announced he will retire as president and CEO of the Federal Reserve Bank of Atlanta when his current term concludes on Feb. 28, 2026. Bostic is the 15th person to lead the Atlanta Fed and is the first Black and openly gay president of a regional...
New Bill Would Retroactively Restore Flood Insurance Coverage Lost in Government Shutdown
A new bipartisan bill is seeking to retroactively restore coverage from the National Flood Insurance Program (NFIP) that was lost during the government shutdown. Reps. Troy A. Carter, Sr. (D-LA) and Mike Ezell (R-MS) introduced H.R. 5848, the NFIP Retroactive Renewal...
NEWS & CURRENT EVENTS
Former Fannie Mae President David Benson Returns as Senior Adviser
Pulte did not elaborate what duties Benson will be handling at Fannie Mae. Continue Reading Former Fannie Mae President David Benson Returns as Senior Adviser
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
The company added that NV REIT is actively pursuing additional UPREIT and direct acquisitions across the Sunbelt and Mountain West Continue Reading Neighborhood Ventures Acquires 24-Unit Arizona Multifamily Property via UPREIT Exchange
Federal Reserve Cuts Rates Again
The Fed warned that “uncertainty about the economic outlook remains elevated.” Continue Reading Federal Reserve Cuts Rates Again
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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.
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Kolter Homes Unveils New Gated Community in Florida
Scheduled to open in the summer, the homes at The Cove at Park Trace will feature single-story floor plans with two to five bedrooms. Continue Reading Kolter Homes Unveils New Gated Community in Florida
Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
Montreal Home Sales Up 10% Year-Over-Year
The $625,000 median price for single-family houses from last month is a 7% uptick from the $585,000 price from July 2024. Continue Reading Montreal Home Sales Up 10% Year-Over-Year
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Under the order, the Department of Labor will review and update the guidance under the Employee Retirement Income Security Act (ERISA) of 1974. Continue Reading Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
ESPN and the NFL still need to negotiate a final agreement and clear approval from the league’s team owners and federal regulators. Continue Reading ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
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