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New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
New Home Purchase Mortgage Applications Down in October
The average loan size for new homes increased from $379,107 in September to $381,404 in October. Continue Reading New Home Purchase Mortgage Applications Down in October
Senate Banking Committee Approves Miran’s Nomination for Fed Board
The Senate Banking Committee voted 13-11 along party lines to advance President Trump’s nomination of Stephen Miran to fill a vacancy on the Federal Reserve Board of Governors. Miran, who is chairman of the Council of Economic Advisors, would replace Adriana Kugler,...
Denver Broncos Unveil Plans for New Stadium
The Denver Broncos have become the latest team to announce plans for a new stadium. In a public letter, team owners Greg Penner and Carrie Walton Penner were joined by Denver Mayor Mike Johnston and Colorado Gov. Jared Polis in announcing the Broncos’ tenancy in...
Mortgage Application Activity Up 9.2%
Mortgage application activity surged during the week ending Sept. 5, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.2% on a seasonally adjusted basis from...
NEWS & CURRENT EVENTS
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Kolter Homes Unveils New Gated Community in Florida
Scheduled to open in the summer, the homes at The Cove at Park Trace will feature single-story floor plans with two to five bedrooms. Continue Reading Kolter Homes Unveils New Gated Community in Florida
Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
Montreal Home Sales Up 10% Year-Over-Year
The $625,000 median price for single-family houses from last month is a 7% uptick from the $585,000 price from July 2024. Continue Reading Montreal Home Sales Up 10% Year-Over-Year
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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.
Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight
No timeline was cited for these actions. T Continue Reading Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight
Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices
Roughly 10% of Utah’s construction workers are believed to be illegal immigrants. Continue Reading Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices
Canada Adds 6 Federal Properties for Transition to Affordable Housing
The properties have the potential to create approximately 1,770 units of housing for middle-class Canadians. Continue Reading Canada Adds 6 Federal Properties for Transition to Affordable Housing
Horror Film Marketing Stunt Features Billboard with Julia Fox as a Realtor
Several realtors didn’t get the joke and believed the actress was switching careers. Continue Reading Horror Film Marketing Stunt Features Billboard with Julia Fox as a Realtor
Open House Group Accepting Cryptocurrency from Global Buyers of Japanese Real Estate Purchases
The company is initially supporting Bitcoin and Ethereum. Continue Reading Open House Group Accepting Cryptocurrency from Global Buyers of Japanese Real Estate Purchases
Level of Newly Listed Homes Up 37.5% Month-Over-Month
The greatest increases in active listings year-over-year were Denver (+54.8%), Las Vegas (+49.4%), and Tucson (+45.0%). Continue Reading Level of Newly Listed Homes Up 37.5% Month-Over-Month
Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
Andrew Bailey said the guidelines protected the nation against a wave of failed mortgages. Continue Reading Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
The new season offers unscripted stories following homebuyers in New York and Connecticut. Continue Reading NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
Mortgage Rates Stay Just Under 7%
The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30. Continue Reading Mortgage Rates Stay Just Under 7%
Pending Home Sales Plummeted in December
This follows four straight months of sales gains. Continue Reading Pending Home Sales Plummeted in December
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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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