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4 Mortgage Mistakes You Absolutely Can’t Afford With Rates so High
Source: The Ascent --- While mortgage rates dropped to record lows during the pandemic, things have changed in recent months. Rates have crept up steadily and mortgage loan rates are now higher than they've been for many years. With today's mortgage rates coming in so...
15-year mortgages – back in the spotlight but are they the right choice?
Source: MPA Mag --- With interest rates rising in light of inflation, some would-be homeowners are eyeing 15-year mortgages in lieu of the traditional 30-year variety to build equity quicker. But one industry veteran urges caution against the option unless one is...
City Ventures Debuts New LA-Area Townhome Community
Pricing begins in the $500,000s. Continue Reading City Ventures Debuts New LA-Area Townhome Community
Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
The fund invested $61 million of equity in these transactions. Continue Reading Kennedy Wilson Acquires 2 Apartment Communities for $166 Million
Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Blackstone has acquired $20 billion of CRE loan portfolios in the last 24 months. Continue Reading Blackstone Pays $2 Billion for CRE Loans from Atlantic Union
Virginia Home Sales Remain Flat While Prices Continue to Rise
Virginia’s median sales price was $440,000 in May, up $15,000 since last year, reflecting a 3.5% increase. Continue Reading Virginia Home Sales Remain Flat While Prices Continue to Rise
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.77% as of June 26. Continue Reading Mortgage Rates Decline Again
Mortgage Application Payments Increased in May
The national median mortgage payment for conventional loan applicants was $2,235, up from $2,206 in April and up from $2,226 in May 2024. Continue Reading Mortgage Application Payments Increased in May
Weis Markets Opens First New Supermarket in 3 Years
The new store is Weis’ 50th in Maryland and includes a drive-thru pharmacy and a six-pump fuel center. Continue Reading Weis Markets Opens First New Supermarket in 3 Years
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
Greystar will pay triple damages to the servicemembers who paid the early termination charges. Continue Reading Greystar in $1.4 Million Settlement for Unlawful Charges on Military Servicemembers
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