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%
Democratic Attorneys General Sue to Block Defunding of the CFPB
A coalition of Democratic state attorneys general has sued the Trump administration to stop the complete defunding of the Consumer Financial Protection Bureau (CFPB). In the lawsuit, the attorneys general pointed out that Russ Vought, the acting CFPB director, is...
Denver City Council Approves $70 Million for New Soccer Stadium
The Denver City Council has approved a series of measures that will enable the owners of the Denver Summit FC professional women’s soccer team to build a 14,500-seat stadium at the site of the old Gates Rubber Factory. According to coverage from Denverite.com, the...
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Bank of America (NYSE: BAC) has allocated $10 million in zero-interest loans to Community Development Financial Institutions (CDFI) for ongoing housing, nonprofit facilities, and small business assistance to the victims of last January’s wildfires in Los Angeles...
News & Current Events
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
The lease at Arrowhead Stadium, their home since 1972, expires in 2030. Continue Reading Report: NFL’s Chiefs to Relocate from Missouri to New Domed Stadium in Kansas
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Exclusive News
FirstService Residential Acquires Core Real Estate Group
The financial terms of the deal were not disclosed. Continue Reading FirstService Residential Acquires Core Real Estate Group
Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
James called the allegations “baseless” and claimed it was part of President Trump’s “revenge tour.” Continue Reading Mortgage Fraud Criminal Probe Opened Against NY AG Letitia James
Hilltop Residential Launches Multifamily Development Division
The company has appointed Eric Overton as managing partner of Hilltop Residential Development. Continue Reading Hilltop Residential Launches Multifamily Development Division
Second Home Mortgage Origination at 7-Year Low
Demand for vacation homes is falling fastest in Florida. Continue Reading Second Home Mortgage Origination at 7-Year Low
LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand
The new brand is being rolled out in 15 states and four international cities. Continue Reading LPT Holdings Debuts Aperture Global Real Estate as Luxury Brand
Mortgage Rates Remain Flat
Sam Khater, Freddie Mac’s chief economist, noted that “rates are lower and have remained stable for weeks.” Continue Reading Mortgage Rates Remain Flat
NAR: Q1 Home Prices Up in 83% of Metro Markets
“Most metro markets continue to set new record highs for home prices,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Q1 Home Prices Up in 83% of Metro Markets
Q1 Home Equity Levels Down Slightly
The level of equity richness in homes was down in 47 states and the District of Columbia on a quarter-over-quarter basis. Continue Reading Q1 Home Equity Levels Down Slightly
3D Home Printing Exec Joins Habitat for Humanity Board
Habitat for Humanity of Long Island has asked 26-year-old Kristen Henry to sit on its Board of Directors. Continue Reading 3D Home Printing Exec Joins Habitat for Humanity Board