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Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
$15 Million Allocated for Virginia Workforce Housing Investment Program
Gov. Glenn Youngkin announced the allocation of over $15 million in funding for the Virginia Workforce Housing Investment Program. The program provides loans, loan subsidies, and grants to support communities developing housing for homeowners and renters making 80% to...
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
Alabama Recorded Increase in Home Sales During November
Alabama experienced 5,778 homes sales in November, a scant 0.1% uptick from the prior month and a 3.8% increase from one year earlier. According to data from the Alabama Association of Realtors (AAR), the 20,725 active monthly listings at the end of November marked...
NEWS & CURRENT EVENTS
MISMO Names Amy Moses as VP of Strategic Growth
Moses joined MISMO earlier this year as a contractor. Continue Reading MISMO Names Amy Moses as VP of Strategic Growth
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
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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.
Chicago Bears Face Delay in Plans for New Stadium
The team will need to wait for the first half of 2026 when the Illinois legislature returns to consider the funding support. Continue Reading Chicago Bears Face Delay in Plans for New Stadium
Grant Cardone Pulls Out of The Real Deal’s Miami Forum, Accusing Publisher of Religious Intolerance
Cardone self-identifies as following the Catholic and Scientology faiths. Continue Reading Grant Cardone Pulls Out of The Real Deal’s Miami Forum, Accusing Publisher of Religious Intolerance
Mortgage Application Activity Dips by 2%
The VA share of total applications increased to 14.9% from 13.4%. Continue Reading Mortgage Application Activity Dips by 2%
Report: Most Housing Discrimination Complaints Were Disability Related
Complaints based on national origin rose 8.45% from the previous year, marking the highest number since 2018. Continue Reading Report: Most Housing Discrimination Complaints Were Disability Related
Texas Voters Approve Property Tax Relief Amendments
“These measures will provide much-needed school property tax cuts statewide for Texas taxpayers,” said State Sen. Paul Bettencourt (R-Houston), the author of both bills, Continue Reading Texas Voters Approve Property Tax Relief Amendments
NYC Voters Approve Proposals to Streamline Affordable Housing Development
All three proposals passed with more than 56% of voter approval. Continue Reading NYC Voters Approve Proposals to Streamline Affordable Housing Development
Realtor Becomes Viral Video Hit for ‘Walk Across Water’ Gaffe
To date, her TikTok video amassed more than 7.8 million views. Continue Reading Realtor Becomes Viral Video Hit for ‘Walk Across Water’ Gaffe
FHLBank Topeka Awards $5 Million in Native American Housing Grants
This year’s grants are being presented to 16 tribes and tribally designated housing entities in Colorado, Kansas, Nebraska, and Oklahoma. Continue Reading FHLBank Topeka Awards $5 Million in Native American Housing Grants
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
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