Featured Real Estate News
Mortgage Application Activity Up 8%
Mortgage application activity took a vibrant upswing during the week ending April 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.9% on a seasonally...
Mortgage Application Activity Up 8%
The FHA share of total applications remained unchanged at 18.2% from the week prior. Continue Reading Mortgage Application Activity Up 8%
Senate Confirmation Hearing for Fed Chairman Nominee Kevin Warsh is Delayed
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
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
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...
News & Current Events
White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
This is not the first time that the White House offered claims about Powell’s departure. Continue Reading White House Claims Powell ‘Signaled’ He Will Leave the Fed When New Chairman Arrives
Report: A Record 34% of February Home Sellers Reduced Their Listing Prices
Texas and Florida sellers were most likely to cut prices. Continue Reading Report: A Record 34% of February Home Sellers Reduced Their Listing Prices
Property Tax on Average Single-Family Home Increased 3% in 2025
Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family homes. Continue Reading Property Tax on Average Single-Family Home Increased 3% in 2025
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Alexander Brothers Found Guilty of Sex Trafficking
More than 60 women say they were raped by one or more of the brothers. Continue Reading Alexander Brothers Found Guilty of Sex Trafficking
Texas Median Price Down During 2025 While Sales Increased
Statewide, 335,390 homes were sold in 2025, an increase of 1.3% from one year before. Continue Reading Texas Median Price Down During 2025 While Sales Increased
TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
“Prior to this announcement, TransUnion’s charge for VantageScore in mortgage origination was $4.00,” said TransUnion’s David M. Blumberg, Continue Reading TransUnion Cuts VantageScore 4.0 Price to 99 Cents Per Mortgage Origination Score
$17.2 Million Listing for Penthouse Sets Record in Uruguay
Edgardo Defortuna, CEO at Fortune International, who is leading sales for the project, observed, “This is a trophy property within a landmark development that introduces a level of design, hospitality and service that Punta del Este has never experienced before.” Continue Reading $17.2 Million Listing for Penthouse Sets Record in Uruguay
Natasha Gandhi Named CEO at View Homes
Gandhi assumes the role from Randy O’Leary, the company’s founder and outgoing CEO. Continue Reading Natasha Gandhi Named CEO at View Homes
Electricity Generation Reaches Record High in 2025
Last year, the nation generated 4.43 terawatt hours (TWh) of electricity. Continue Reading Electricity Generation Reaches Record High in 2025
Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
The US Securities and Exchange Commission also filed a separate civil action against Rishi Kapoor. Continue Reading Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
Report: Home Relistings Surged in January
California’s Bay Area recorded the highest share of relistings. Continue Reading Report: Home Relistings Surged in January
Mattamy Homes Acquires 76-Acre South Carolina Site for New Community
Site work for Williams Reserve is expected to begin in late summer. Continue Reading Mattamy Homes Acquires 76-Acre South Carolina Site for New Community