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FHFA Announces Increase Conforming Loan Limit to $726,200
Baseline Conforming Loan Limit Will Increase to $726,200 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In...
In tough housing market, mortgage rate buydowns gain momentum
Source: Bankrate --- Amid higher mortgage rates and a cooling housing market, some home sellers are wooing buyers with a freshly popular incentive: paying for a temporary reduction to the buyer’s mortgage interest rate. Why are buydowns popular now? In one common...
HomeStreet Bank Sells $990 Million in Multifamily Loans to Bank of America
The loan sale is expected to close before the end of the month. Continue Reading HomeStreet Bank Sells $990 Million in Multifamily Loans to Bank of America
New Data Report Examines Global Costs of Property by Bitcoin
Homebuyers seeking to buy property using Bitcoin (BTC) will find the most expensive and most affordable properties in Asia, with average property prices around 2.5 BTC. A new data report from NFTevening used a Bitcoin-to-US Dollar exchange rate of $100,000 per BTC,...
Thompson Thrift to Develop Boulder-Area Multifamily Community
Construction is expected to be completed in winter 2026. Continue Reading Thompson Thrift to Develop Boulder-Area Multifamily Community
Maldives Government Shuts Down Housing Ministry
There has been no public explanation on why the Housing Ministry was abolished. Continue Reading Maldives Government Shuts Down Housing Ministry
Kentucky Home Sales Up 4.3% Year-Over-Year
Kentucky’s median sales price in November was $267,500. Continue Reading Kentucky Home Sales Up 4.3% Year-Over-Year
Flatiron Realty Capital Debuts IronLinc Platform for Lenders
IronLinc operates as an independent service of the company. Continue Reading Flatiron Realty Capital Debuts IronLinc Platform for Lenders
PNC Announces $128 Million Affordable Housing Fund
The fund includes investments from PNC and four other banks and insurance companies. Continue Reading PNC Announces $128 Million Affordable Housing Fund
Security Properties and Rockwood Capital Purchase 284-Unit Portland Multifamily Property
The financial terms of the acquisition were not disclosed. Continue Reading Security Properties and Rockwood Capital Purchase 284-Unit Portland Multifamily Property
Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
“I never thought I would end up owning this important property at the entrance of 47th Street,” said the boxing legend. Continue Reading Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
NAR claimed it “has no choice but to defend the Realtor trademark, our integrated model, and Realtor and consumers they serve.” Continue Reading NAR Moves to Revoke Phoenix Realtors’ Charter Over New MLS Choice Program
