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Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Builder Confidence Holds Steady
Builder sentiment levels remained unchanged in September, according to the latest the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) data report. Builder confidence in the market for newly built single-family homes was 32 in...
FHFA’s Pulte Blasts ‘Fake News’ for Not Backing His Efforts to Remove Fed Gov. Lisa Cook
Federal Housing Finance Agency Director Bill Pulte reacted angrily to last night’s appeals court ruling blocking President Trump from firing Federal Reserve Gov. Lisa Cook by blaming the “fake news” for not backing his efforts to have Cook removed from office. In a...
Plans for Chicago-Area Cricket Stadium Proceed Despite Lack of Team for the Venue
Efforts are underway to build a 14,000-seat cricket stadium proposed in suburban Chicago, even though the venue has yet to attract any team to play at the site. ShawLocal.com reports the plans Breybourne Stadium in Oswego, Illinois, has been in the works since 2023...
NEWS & CURRENT EVENTS
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
California Home Affordability Improves Slightly From One Year Ago
For the state’s condo/townhome markets, only 25% of homebuyers were able to purchase those $670,000 median-priced residences. Continue Reading California Home Affordability Improves Slightly From One Year Ago
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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.
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
The property’s owner was unaware of the town’s action until it was announced online. Continue Reading Rhode Island Town Uses Eminent Domain to Seize Property Planned for Affordable Housing
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
The regulator foresees “a pathway for institutions to engage in crypto- and blockchain-related activities.”
Continue Reading FDIC: ‘Actively Reevaluating’ Cryptocurrency Supervision of Banks
Senate Confirms Scott Turner as HUD Secretary
The 52-year-old Turner is the first HUD Secretary who comes from a private sector real estate background. Continue Reading Senate Confirms Scott Turner as HUD Secretary
Texas-Based MLS to Enable Non-Realtor Access
NAR did not immediately comment on Unlock MLS’ announcement. Continue Reading Texas-Based MLS to Enable Non-Realtor Access
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
The property was first listed for $33 million in March 2017. Continue Reading Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
ABOUT WEEKLY REAL ESTATE NEWS
Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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