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Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
New Data Reports Affirm Home Prices Are Still on the Rise
Home prices are still on the rise, according to a pair of newly published data reports. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.9% annual gain for June, down from a 2.3% rise in the previous month. The 10-City Composite...
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Arizona Attorney General Kris Mayes has filed a lawsuit against two individuals and the more than 50 entities they controlled for allegedly running a predatory real estate scheme that defrauded homeowners of their property using phony foreclosure rescue schemes. The...
21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’
A coalition of 21 Democratic state attorneys general have issued a public letter condemning the US Department of Justice (DOJ) probe of New York State Attorney General Letitia James for alleged mortgage fraud, claiming it is an act of political retribution by the...
NEWS & CURRENT EVENTS
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
Newsom Allocates $101 Million for Multifamily Rebuilding After LA Fires
California Gov. Gavin Newsom announced the state’s Department of Housing and Community Development (HCD) will release $101 million to finance the rebuilding of affordable multifamily rental housing in the Greater Los Angeles Region. According to the governor’s office,...
Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
The average Russian buyer paid $652,915 per property, while the overall foreign average was $480,695. Continue Reading Hello, Comrade! Russian Investors Take Greater Interest in US Real Estate
Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio Lawmakers to Consider Overriding Gov. DeWine’s Vetoes on 3 Property Tax Reforms
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Asking Rents for New Apartments at Lowest Level in 2 Years
Rents for one-bedroom apartments were down 9% year-over-year to $1,566. Continue Reading Asking Rents for New Apartments at Lowest Level in 2 Years
Report: Affordable Homeownership Remained Elusive in Q3
The national median price for single-family homes and condos was $365,000 in the third quarter. Continue Reading Report: Affordable Homeownership Remained Elusive in Q3
Forecast: California Homes Sales and Prices to Increase in 2025
The state’s median home price is forecast to soar by 4.6% to $909,400 next year. Continue Reading Forecast: California Homes Sales and Prices to Increase in 2025
The Agency Opens First Office in Barcelona
The Agency launched 24 new offices this year and currently has seven offices throughout Europe. Continue Reading The Agency Opens First Office in Barcelona
Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Cardone noted “we are 4.2 million homes short in America.” Continue Reading Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Invitation Homes Agrees to $48 Million Settlement with FTC
Invitation Homes was accused of unfair eviction practices, including during the Covid-19 pandemic. Continue Reading Invitation Homes Agrees to $48 Million Settlement with FTC
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
New VP of Acquisitions at First National Realty Partners
Prior to FNRP, Brackenridge served as managing director of investments at Newport Capital Partners. Continue Reading New VP of Acquisitions at First National Realty Partners
New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days
Homes in West Palm Beach, Florida, spent a median 79 days on the market before finding a buyer. Continue Reading New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days
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