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St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
A Phil Hall Op-Ed: Charlie Kirk and the Housing Market
A Phil Hall Op-Ed: During the final weeks of his too-short life, Charlie Kirk raised several red flags about the state of the housing market. His messaging deserves to be heard again. In July, Kirk used an appearance on Fox News to raise a taboo subject that neither...
Mortgage Rates Drop to 11-Month Low
The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...
NEWS & CURRENT EVENTS
Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Under the order, the Department of Labor will review and update the guidance under the Employee Retirement Income Security Act (ERISA) of 1974. Continue Reading Report: Trump to Expand 401(k) Plans to Include Real Estate as Investment Option
Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes
Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...
ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
ESPN and the NFL still need to negotiate a final agreement and clear approval from the league’s team owners and federal regulators. Continue Reading ESPN to Gain 75,000 SF Studio in LA in Deal to Acquire NFL Network
Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
The program will provide provides up to $18,000 in assistance for purchase, refinance, or improvement of a primary residence in qualified communities. Continue Reading Citadel Credit Union Debuts Program to Aid Philadelphia-Area Black and Hispanic Homeowners
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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FCC Warns Against Fraudulent Mortgage Calling Campaign
Green Mirage has impersonated over 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners. Continue Reading FCC Warns Against Fraudulent Mortgage Calling Campaign
CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
More than 400,000 homes may be underinsured for flooding events in the southeast and central southwestern parts of the country. Continue Reading CFPB: Homeowners Near Rivers and Creeks More Likely to be Underinsured Against Flooding
Mortgage Rates Break Past 7% Level
Mortgage rates ticked up for the fifth consecutive week. Continue Reading Mortgage Rates Break Past 7% Level
Foreclosure Activity Down 10% During 2024
ATTOM also noted there were 28,632 properties with foreclosure filings during December. Continue Reading Foreclosure Activity Down 10% During 2024
Biden Signs Executive Order on Creating New AI Data Centers
The Executive Order required developers adhere to “high labor standards, promoting positive labor-management relations, and paying workers prevailing wages.” Continue Reading Biden Signs Executive Order on Creating New AI Data Centers
Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
75% strongly supported reducing municipal development charges. Continue Reading Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
NAR Creates New SVP for Industry Relations Position
NAR said Grasso will spearhead efforts “to deepen engagement with state and local associations.” Continue Reading NAR Creates New SVP for Industry Relations Position
Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Newsom’s office acknowledged the executive order is modeled on a similar order issued by Hawaii Governor Josh Green. Continue Reading Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
Paul was initially indicted in June 2023 on eight counts of bank fraud. Continue Reading Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
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