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Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Minnesota Mayors Blame Reckless State Spending for Property Tax Hikes
Nearly 100 mayors of Minnesota localities have signed a letter criticizing state legislators for spending at reckless levels that forced their cities to raise property taxes. KNSI reports the mayors expressed outrage to legislators and Gov. Tim Walz that the state's...
Virginia Home Sales Down in November
A total of 7,492 closed sales were recorded in Virginia during November, representing 361 fewer than in November 2024 for a nearly 5% decline. According to data from Virginia Realtors, sales also fell 16.8% from October. At the end of November, there were 22,978...
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
The Federal Housing Finance Agency (FHFA) released its Enterprise Housing Goals Final Rule for 2026-2028, with lower single‑family low-income benchmarks and unchanged multifamily targets. Under the new Final Rule, Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC)...
NEWS & CURRENT EVENTS
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
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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Indiana Broker Has License Revoked Amid Multiple Fraud and Forgery Charges
Total victim losses could be higher than $100 million. Continue Reading Indiana Broker Has License Revoked Amid Multiple Fraud and Forgery Charges
Florida Home Sales Up While Prices Decline
The statewide median sales price for single-family existing homes in November was $410,000, down by a mild 0.2% compared to one year before. Continue Reading Florida Home Sales Up While Prices Decline
New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Demolition Begins at Hawaii’s Aloha Stadium
The old stadium is being replaced by a 22,500-seat venue that will become home for the University of Hawaii Rainbow Warriors football program. Continue Reading Demolition Begins at Hawaii’s Aloha Stadium
Saskatoon Ex-Broker Arrested for Inciting Hate Online
The Saskatoon Police Service Hate Crime Unit arrested Brandon Taylor Moore at his home on Wednesday. Continue Reading Saskatoon Ex-Broker Arrested for Inciting Hate Online
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
The new master’s degrees are developed in partnership with CLU’s Lincoln Institute of Land Policy. Continue Reading Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
Senate Confirms Trump Nominees for Ginnie Mae, FHA, and FDIC
Travis Hill has been serving as acting chairman since Jan. 20 Continue Reading Senate Confirms Trump Nominees for Ginnie Mae, FHA, and FDIC
Sen. Bernie Sanders Calls for Moratorium on Data Center Construction
Sen. Bernie Sanders (I-VT) has called for a halt to the construction of artificial intelligence (AI) data center, claiming the technology is developing too quickly and is creating environmental problems. “I will be pushing for a moratorium on the construction of data...
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