Featured Real Estate News
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
The 30-year fixed-rate mortgage inched up to 6.00% as of March 5, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, it fell below the 6.00% mark for the first time since 2022, averaging 5.98%. A year ago at this time,...
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
CMBS Delinquency Rate Ends 2025 at 7.30%
The delinquency rate for commercial mortgage-backed securities (CMBS) ended 2025 with a four basis points uptick to 7.30%, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 73 basis points from 6.57%. However, Trepp noted the...
reAlpha Mortgage Launches Loan Officer Recruitment Program
reAlpha Mortgage, a division of reAlpha Tech Corp. (NASDAQ: AIRE), has launched a national loan officer recruitment program. According to the Dublin, Ohio-based company, the program will offer Restricted Stock Unit (RSU) awards to loan officers who join reAlpha. The...
Kansas Home Sales Declined During November
November home sales in Kansas totaled 2,560 units, a 9.6% decline from the 2,831 transactions recorded one year earlier. At the end of the month, there were 3,762 contracts still pending, up 7.8% from the 3,491 total set 12 months earlier. According to data from...
News & Current Events
Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Chris Delfs, board president of the Northwest Iowa Board of Realtors, welcomed the new state law. Continue Reading Iowa Home Sellers Will Need to Disclose Presence of Lead Water Lines
Sterling Organization Acquires Connecticut Shopping Center
The property is anchored by the Stop & Shop grocery store and includes a mix of national and regional tenants. Continue Reading Sterling Organization Acquires Connecticut Shopping Center
Judge Halts Trump Efforts to Block CFPB Funding
On three separate occasions earlier this year, Judge Amy Berman ruled against the Trump administration’s attempt to enact mass layoffs at the CFPB. Continue Reading Judge Halts Trump Efforts to Block CFPB Funding
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LA Wildfire Victims Sue 3 Insurers for Fraud
The new lawsuit is the latest litigation rising from the wildfires. Continue Reading LA Wildfire Victims Sue 3 Insurers for Fraud
NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
“I love people that are in the real estate business,” said Trump. Continue Reading NAR Overturns No-Commingling Policy, Receives Thumbs-Up from Trump
Hooters to Close 30 Restaurants
The company’s franchises, including its 60 overseas locations, are not being impacted. Continue Reading Hooters to Close 30 Restaurants
Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
State Sen. Jerry Cirino, a Republican, is advocating for the money to come from the state’s $3.7 billion in unclaimed funds. Continue Reading Ohio Lawmakers Propose $600 Million for Cleveland Browns’ New Stadium
NAR Updates Hate Speech Policy Within Code of Ethics
The updated language aligns the definition of “harassment” with the NAR Member Code of Conduct. Continue Reading NAR Updates Hate Speech Policy Within Code of Ethics
Joseph Yi Named Chief Investment Officer at Palette Hotels
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Continue Reading Joseph Yi Named Chief Investment Officer at Palette Hotels
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019