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%
Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme
President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus
The Tampa Bay Rays have signed a non-binding memorandum of understanding (MOU) with Hillsborough College to redevelop the college’s 113-acre Dale Mabry campus to become a new baseball stadium and mixed-use development. MLB.com reports the campus is south of George M....
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell
Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, is demanding access to the records related to the Department of Justice’s (DOJ) investigation into Federal Reserve Chairman Jerome Powell over claims that he may have committed perjury...
News & Current Events
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
The property was foreclosed on in November, selling for $134 million. Continue Reading San Francisco Centre, a Once-Mighty 1.5 Million-Square-Foot Mall, to Permanently Close
Recent Posts
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes
Tampa Bay Rays Seek $1 Billion in Public Funds for New Stadium
Rosehaven Homes Debuts Extended Deposit Program for Buyers at Ontario Condo…
Southern Impression Homes Completes First Phase of 213-Unit Dallas-Area BTR…
Model Nadia Ferreira Named Brand Ambassador for HQ Residences Miami
Popular Articles
Exclusive News
Kentucky Home Sales Up During June
The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June
Occupi Raises $3.1 Million in Seed Funding Round
Fenway Summer and Assurant Ventures co-led the round. Continue Reading Occupi Raises $3.1 Million in Seed Funding Round
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
Court Dismisses Homie’s Lawsuit Against NAR
The court decided Homie failed to adequately present its case. Continue Reading Court Dismisses Homie’s Lawsuit Against NAR
Report: REITs Raised $22.5 Billion in Q2
There were no merger and acquisition deals in this sector during the first half of the year. Continue Reading Report: REITs Raised $22.5 Billion in Q2
Is Trump Firing Powell? News Reports Claim He Might, Trump Says ‘Highly Unlikely’
A recent Supreme Court decision stated that the president does not have the authority to remove Fed officials at will. Continue Reading Is Trump Firing Powell? News Reports Claim He Might, Trump Says ‘Highly Unlikely’
Study: Detroit is the Top City for Property Tax Rates
When it comes to property taxes across the nation’s major cities, Detroit homeowners pay the highest amounts while their counterparts in Honolulu pay the lowest. According to the latest 50-State Property Tax Comparison Study published by the Lincoln Institute of Land...
Schiff: Trump’s Mortgage Fraud Accusation is a Distraction from ‘His Epstein Files Problem’
“This is just Donald Trump’s latest attempt at political retaliation against his perceived enemies,” said the senator. Continue Reading Schiff: Trump’s Mortgage Fraud Accusation is a Distraction from ‘His Epstein Files Problem’
For Sale: Melbourne Home with a Jail Cell
The property was once a police station that had been converted to a five-bedroom residence in the 1980s. Continue Reading For Sale: Melbourne Home with a Jail Cell