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Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Chicago Bears are asking for $855 million in public funding to build the infrastructure surrounding their new domed stadium planned for suburban Arlington Heights, Illinois. The Associated Press reports the real estate consulting firm HR&A Advisors Inc. issued...
Report: Housing Affordability at Best Level Since Early 2023
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
First Residential Independent Mortgage, a New Lender, Begins Operations
Mortgage Research Center, LLC, the parent company of Veterans United Home Loans, has launched First Residential Independent Mortgage, a full-service mortgage lender. Headquartered in Springfield, Missouri, First Residential Independent Mortgage will specialize in...
NEWS & CURRENT EVENTS
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
Another report has Adams being offered the role of US Ambassador to Saudi Arabia Continue Reading Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
Construction on the 65-turbine Revolution Wind project began in 2023. Continue Reading Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Rhode Island’s Democratic Senator Jack Reed called Miran’s plan “absolutely ridiculous.” Continue Reading Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Multifamily Mortgage Lending Up 17%
More than half (53%) of the active lenders made five or fewer multifamily loans over the course of the year. Continue Reading Multifamily Mortgage Lending Up 17%
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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.
Foreclosure Activity Up During February
Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February
The Agency Launches Office in Nicaragua
The new office is The Agency’s second location in Central America. Continue Reading The Agency Launches Office in Nicaragua
The X Factor in Real Estate: Why Emotional Intelligence Generates 4X the Conversion
In the fast-paced world of real estate, market knowledge and business acumen have long been considered the pillars of success. But a quiet shift is taking place—one that recognizes an equally important factor: emotional intelligence (EQ). The ability to connect,...
A Phil Hall Op-Ed: Crypto Comes to Washington
The Trump administration is taking an aggressive new look at the viability of cryptocurrency. Continue Reading A Phil Hall Op-Ed: Crypto Comes to Washington
New Book Details Newsom’s Financial Backing by Pacific Gas & Electric
PG&E is a major donor to California’s Democratic politicians and has close ties to Newsom and his wife, filmmaker Jennifer Siebel Newsom. Continue Reading New Book Details Newsom’s Financial Backing by Pacific Gas & Electric
Mortgage Credit Availability at Highest Level in a Year
“Mortgage credit availability in February increased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at Highest Level in a Year
Ontario’s Fleming College to Roll Out Real Estate Learning Program
The program’s curriculum was developed by the Real Estate Council of Ontario. Continue Reading Ontario’s Fleming College to Roll Out Real Estate Learning Program
Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
“This blank check to unelected billionaire Elon Musk fails to lower the cost of housing,” said DeLauro. Continue Reading Rep. Rosa DeLauro: GOP Continuing Resolution Will Raise Housing Costs and Fuel Evictions
Tomo Mortgage Closes $20 Million Series B Funding Round
The company plans to move its headquarters from Stamford, Connecticut, to New York City. Continue Reading Tomo Mortgage Closes $20 Million Series B Funding Round
Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
Tel Aviv recorded a total of 2,270 pre-owned home sales in 2024 while the market has 2,566 registered realtors. Continue Reading Tel Aviv’s Housing Imbalance: Too Many Realtors, Too Few Deals
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