Kansas City Mayor Pitches $1.9 Billion Plan for New Royals Stadium

by Phil Hall | Apr 10, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Kansas City Mayor Quinton Lucas is proposing a $1.9 billion project that would build a new stadium for the Kansas City Royals in the heart of the downtown area. KCTV reports the new stadium would be based at Washington Square Park, one of the few green spaces in the...

Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed

by Phil Hall | Apr 10, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The Senate hearing to consider President Trump’s nomination of Kevin Warsh to become the next Federal Reserve chairman has been indefinitely delayed. CNBC, sourcing its coverage from unnamed “people familiar with the matter,” reports the Senate Banking Committee has...

Mortgage Credit Availability Improved in March

by Phil Hall | Apr 9, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage credit availability increased in March, according to the Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association (MBA). Last month, the MCAI inched up by 1.1% to 108.3; the index was benchmarked to 100 in March 2012. The...

Mortgage Rates Inch Down

by Phil Hall | Apr 9, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined for the first time in six weeks, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. A year ago at...

White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives

by Phil Hall | Apr 9, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

The White House is claiming that Federal Reserve Chairman Jerome Powell is willing to leave the central bank’s Board of Governors after his term expires, although Powell has never made any public comment to support that notion. In an interview this morning on Fox...