Featured Real Estate News
30-Year Fixed-Rate Mortgage Surges to 6.22%
Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Mill Creek Residential Expands into Colorado with Build-to-Rent Community
The developer Mill Creek Residential is expanding into the Colorado market with the launch of Amavi Thornton, a single-family, build-to-rent community in the northern Denver metropolitan area. The community will feature 162 two-, three- and four-bedroom townhomes with...
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The former Hollywood power couple Jennifer Lopez and Ben Affleck are still having no luck offloading their Beverly Hills mansion, taking it off the market for the second time in six months. Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot...
Mortgage Application Activity Down 8.5%
Mortgage application activity took a downturn for the week ending Jan. 23, according to data from the Mortgage Bankers Association (MBA). This week’s results include an adjustment for the Martin Luther King Jr. Day federal holiday. The Market Composite Index, the...
News & Current Events
Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
The survey also found 75% of respondents stating the rising cost of housing played a role in accumulating the debt that led them to seek help. Continue Reading Survey Finds 70% of Renters Forced to Move Due to Increased Housing Costs
Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
This year, the bank’s Affordable Housing Program General Fund will provide up to $1.75 million per project. Continue Reading Federal Home Loan Bank of Dallas Announces 2026 Community Investment Grant Programs
Activist Investor Seeks New Board for CoStar Group
Daniel Loeb, the billionaire activist investor founder and CEO of the alternative asset management firm Third Point LLC, is calling for a change of leadership at CoStar Group (NASDAQ: CSGP), claiming the company’s pursuit of the residential real estate industry has...
Recent Posts
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Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Bessent added cuts could have occurred if the Fed officials had access to revised labor market data. Continue Reading Treasury Secretary Bessent Calls on Fed to Make a 50 Basis Point Rate Cut in September
Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
“The neighboring properties and surrounding community often say a lot about what life might be like there for you, as a resident,” says Don Kottick, President of REMAX Canada. Continue Reading Survey: Buyers Turned Off By Sloppily Maintained Neighboring Properties
Refinancing Surge Fuels Rise in Mortgage Application Activity
The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 10.9% on a seasonally adjusted basis from one week earlier. Continue Reading Refinancing Surge Fuels Rise in Mortgage Application Activity
Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
Aldi and Dollar Tree are the anchor tenants. Continue Reading Palmetto Plaza, Miami-Area Retail Center, Sells for $46 Million
John Hedlund to Become MBA’s Next Vice Chairman
Hedlund is vice chairman of ICE Mortgage Technology. Continue Reading John Hedlund to Become MBA’s Next Vice Chairman
Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
The Ownsby comprises 368 apartment units, including one-, two-, and three-bedroom suites. Continue Reading Canadian REIT Buys Dallas-Area Apartment Complex for $87.5 Million
Foreign Ownership and America’s Land: Drawing the Line Where Security Begins
When property deals move from economic opportunity to national vulnerability, it’s time for Americans to know the facts — and defend what’s ours. Continue Reading Foreign Ownership and America’s Land: Drawing the Line Where Security Begins
FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Phoenix
“We will continue to seek opportunities to invest in preserving the affordability of housing in Arizona and in other communities we and our members serve,” said Joe Amato. Continue Reading FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Phoenix
Newmark in Alliance Agreement with Mountain West
Under the terms of this alliance, Mountain West will operate as Newmark Mountain West. Continue Reading Newmark in Alliance Agreement with Mountain West