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%
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...
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
News & Current Events
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
New York State Home Sales Up 2.5%
Home prices extended the streak of 29 consecutive months of rising values with a 4.2% year-over-year upswing to $440,000. Continue Reading New York State Home Sales Up 2.5%
New Hampshire Bill Would Enable Property Tax Cap Votes Every 2 Years
New Hampshire’s property taxes are among the nation’s highest. Continue Reading New Hampshire Bill Would Enable Property Tax Cap Votes Every 2 Years
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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
Canadian Home Sales Up in June
There were 206,435 properties listed for sale on Canadian MLS Systems at the end of June. Continue Reading Canadian Home Sales Up in June
Mortgage Application Activity and Credit Availability in Decline
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability in Decline
Historic Milwaukee Nursing Home to Become Affordable Housing Development
The four-story property opened in 1929 as the Milwaukee Jewish Home for the Aged. Continue Reading Historic Milwaukee Nursing Home to Become Affordable Housing Development
Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
Steven T. Loo is scheduled to be sentenced on Oct. 9. Continue Reading Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
NAR, ATTOM Update Their Housing Data Delivery Options
“The new Dashboard is a tool that enables NAR members to stay ahead of the market and better serve their clients,” said Lawrence Yun, NAR chief economist. Continue Reading NAR, ATTOM Update Their Housing Data Delivery Options
White House Posts Picture of Jerome Powell as Marie Antoinette
James Blair, the White House’s deputy chief of staff, called him “Jerome Antoinette.” Continue Reading White House Posts Picture of Jerome Powell as Marie Antoinette
Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
The Fannie Mae website has no mention of an investigation into Schiff. Continue Reading Trump Accuses Sen. Adam Schiff of Mortgage Fraud, Says He ‘Needs to be Brought to Justice’
Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets




































