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What is TRID in real estate?
Source: Bankrate --- Buying a home is a lot of things: exciting, daunting, anxiety-inducing. But there’s one thing it’s usually not: easy. That’s particularly true if you need to finance your purchase with a mortgage. Getting a handle on home-loan jargon can feel a...
Tracker mortgages: is it a good idea to get one now?
Source: The Times Money Mentor --- With many low interest fixed-rate mortgage deals due to expire this year, borrowers may be asking what to do next and considering whether a tracker mortgage is a good option. A new report from the Office for National...
OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
The buildings’ construction will be funded by G42 while the data center will be operated by OpenAI and the tech company Oracle. Continue Reading OpenAI to Build 1-Gigawatt AI Data Center in Abu Dhabi
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
Appraisal Institute Ousts Vice President Accused of Sexual Harassment
Craig Steinley called the ouster “a deliberate act of retaliation driven by internal politics.” Continue Reading Appraisal Institute Ousts Vice President Accused of Sexual Harassment
$16.9 Million Allocated for Virginia Workforce Housing Investment Program
The program aims to increase the workforce housing supply in areas that have new or expanding businesses. Continue Reading $16.9 Million Allocated for Virginia Workforce Housing Investment Program
Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
“Nationally, dwelling prices rose by 4.9% over 2024 and by a further 0.7% over the first three months of 2025,” the report said. Continue Reading Report: Australia Will Fall Short of its Goal of 1.2 Million New Homes by 2029
NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
The bill passed this morning in a 215-214 House vote. Continue Reading NAR Commends House Passage of Trump’s ‘Big Beautiful Bill’
Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Fannie Mae and Freddie Mac were put in federal conservatorship in September 2008. Continue Reading Trump: Decision on Ending Conservatorship on Fannie Mae and Freddie Mac Coming Soon
Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Recent Posts
Hits and Misses for the Real Estate Week of June 15-19- New Jersey Real Estate Developer Charged with Bribing City Workers and Sell…
- CAPREIT Hires Harlan B. Krichman as President of Property Management
- MBA Opens Doors Foundation Reports Helping More Than 20,000 Families in 15 …
- FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
