Featured Real Estate News
30-Year Fixed-Rate Mortgage Surges to 6.22%
Mortgage rates surged in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of March 19, up from last week when it averaged 6.11%. A year ago at this time, it averaged 6.67%. The 15-year...
30-Year Fixed-Rate Mortgage Surges to 6.22%
A year ago at this time, it averaged 6.67%. Continue Reading 30-Year Fixed-Rate Mortgage Surges to 6.22%
Report: Housing Supply Gap Grew to 4.03 Million Homes in 2025
The housing supply gap reached an estimated 4.03 million homes in 2025, increasing from 3.8 million in 2024, according to a new data report from Realtor.com. Last year saw the formation of approximately 1.41 million households, compared with 1.36 million housing...
New Chicago Soccer Stadium Sparks Complaints from Community Groups
Chicago is weathering a new sports stadium controversy – and, no, it has nothing to do with the Bears. According to combined media reports, a groundbreaking ceremony is scheduled for later today on the new $750 million stadium for the Chicago Fire, the city’s Major...
Harrison Sitomer Promoted to President at SL Green Realty
SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, has promoted Harrison Sitomer to president. Sitomer began his career at SL Green as an intern and rose through the organization, serving in a variety of investment roles before his January 2022...
News & Current Events
LGI Homes Debuts Seattle-Area Community
Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes. Continue Reading LGI Homes Debuts Seattle-Area Community
FHFA and GSEs to Cease Using Anthropic’s AI Products
President Trump gave all federal agencies up to six months to phase out their use of the company’s products. Continue Reading FHFA and GSEs to Cease Using Anthropic’s AI Products
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
Among the organizations in the plaintiffs’ coalition are the Puerto Rico Privacy Association, ViveApto Trust, and Pilar Fiduciary Services LLC. Continue Reading Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
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Exclusive News
Apartment Rents Up by Scant 0.1% in December
This mild uptick reversed the previous five consecutive month trend of flat or negative monthly rent change. Continue Reading Apartment Rents Up by Scant 0.1% in December
Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Miran’s term on the Fed’s Board of Governors expires at the end of the month. Continue Reading Fed’s Miran Calls for 150 Basis Point Cut in Interest Rates
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
Trammell Crow Residential Opens Phoenix and Nashville Offices
TCR has named Tom Lewis as managing director in Phoenix and Peter Davis as managing director in Nashville. Continue Reading Trammell Crow Residential Opens Phoenix and Nashville Offices
Corcoran Group Launches New Virginia Franchise
Formerly Wiley Real Estate, the firm was founded in 2016 and is led by broker/owners Justin and Peter Wiley. Continue Reading Corcoran Group Launches New Virginia Franchise
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Mortgage Credit Availability Declined in December
“The December decrease reversed gains from the prior two months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Declined in December