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Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Trump Calls on Fed Board of Governors to Overthrow Powell
Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Wells Fargo & Company (NYSE: WFC) has announced CEO Charlie Scharf will become the chairman of the board. When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Scharf will receive a one-time special equity grant...
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
NEWS & CURRENT EVENTS
Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
Drillman pleaded guilty in December 2023 to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced to Probation for Role in $165 Million Mortgage Fraud
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
Premier Mortgage Resources Debuts Specialty Products Division
“The mortgage landscape is evolving, and so are the needs of our clients,” said Cory Swain, CEO. Continue Reading Premier Mortgage Resources Debuts Specialty Products Division
Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
His most recent effort to lure investor money came on April 25, when he used a Substack posting to solicit input from people seeking to improve their credit scores. Continue Reading Social Media Influencer Pleads Guilty to $11 Million Real Estate Ponzi Scheme
Popular Articles
WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
Sales activity was stronger in the Mid-Atlantic region’s smaller markets, while sales were cooler in the big metro areas. Continue Reading Active Listings Expand, Median Home Prices Up in Mid-Atlantic Region
George Washington Slept Here; It Is Now Listed For $11.5 Million
The property, which is named Wheatland Farm, is now home to an equestrian center. Continue Reading George Washington Slept Here; It Is Now Listed For $11.5 Million
Kingsbarn Realty Capital Acquires Pennsylvania Medical Clinic
The financial terms of the deal were not disclosed. Continue Reading Kingsbarn Realty Capital Acquires Pennsylvania Medical Clinic
BurgerFi Files for Bankruptcy, To Close 67 Eateries
The franchisee-owned locations will not be impacted. Continue Reading BurgerFi Files for Bankruptcy, To Close 67 Eateries
Ohio Governor Rushes State Support to City Burdened with Haitian Migrant Influx
“This is absurd – Springfield has swollen by more than a third due to migrants,” said Ohio Attorney General Dave Yost. Continue Reading Ohio Governor Rushes State Support to City Burdened with Haitian Migrant Influx
Ascendant Development Completes Luxury High-Rise in Nashville
The 11-story property features seven residential stories atop a four-story parking podium. Continue Reading Ascendant Development Completes Luxury High-Rise in Nashville
Brennan Investment Group Acquires 17-Building Industrial Portfolio
The portfolio covers 740,000 square feet across 17 individual buildings and is located on approximately 60 acres. Continue Reading Brennan Investment Group Acquires 17-Building Industrial Portfolio
Mortgage Application Activity and Credit Availability Record Upticks
The Market Composite Index increased 1.4% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability Record Upticks
Home Seller Sues Douglas Elliman for Not Disclosing Buyer Was Jeff Bezos
Leo Kryss is suing Elliman for the $6 million that he discounted. Continue Reading Home Seller Sues Douglas Elliman for Not Disclosing Buyer Was Jeff Bezos
Trump-Harris Debate Mostly Ignores Housing Issues
The ABC News debate moderators never asked a housing-related question. Continue Reading Trump-Harris Debate Mostly Ignores Housing Issues
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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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