Real Estate Agent Tools
Current Mortgage Interest Rates: August 4, 2022—Mortgage Rates Trend Higher
Source: Forbes --- Today, the average rate on a 30-year fixed mortgage is 5.54%, according to Bankrate.com, while the average rate on a 15-year mortgage is 4.80%. On a 30-year jumbo mortgage, the average rate is 5.54%, and the average rate on a 5/1 ARM is 4.16%.
Omaha commercial real estate summit to address changing industry
Source: Omaha Daily Herald --- The commercial real estate world is changing by the day with rising interest rates, supply chain delays and re-envisioning the modern office space. Professionals in the industry will gather for the annual Commercial Real Estate Summit...
NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
The report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending
Builder Confidence Up for Third Straight Month
31% of builders cut home prices in November, with an average price reduction at 5%. Continue Reading Builder Confidence Up for Third Straight Month
FHFA Raises Multifamily Loan Purchase Cap for GSEs
Multifamily loans that finance workforce housing will be excluded from the 2025 limits. Continue Reading FHFA Raises Multifamily Loan Purchase Cap for GSEs
Survey: Most People Earning Under $50,000 Struggle to Afford Housing
10% of Gen Zers have delayed or decided against having a child due to housing costs. Continue Reading Survey: Most People Earning Under $50,000 Struggle to Afford Housing
Bill Freeman, Real Estate Investor and Developer Who Welcomed Section 8 Vouchers, Dies at 73
Bill Freeman, the Nashville-based real estate investor and developer who actively welcomed Section 8 housing vouchers at his properties, passed away at the age of 73. According to a report in The Tennessean, Freeman co-founded Freeman Webb Co., a multifamily real...
Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium
Taxpayers will not finance the cost overruns. Continue Reading Report: $560 Million in Cost Overruns on New Buffalo Bills Stadium
Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
The financial terms of the acquisitions were not disclosed. Continue Reading Fourth Avenue Capital Acquires 2 Multifamily Properties in Portland Metro Area
Jay Crowell Named National Retail Division President at Cornerstone Home Lending
He most recently served as president of the Pacific Northwest region. Continue Reading Jay Crowell Named National Retail Division President at Cornerstone Home Lending
Marriott International Announces 100th Property in Japan
The Four Points Flex brand is designed for the value-conscious consumer. Continue Reading Marriott International Announces 100th Property in Japan
Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Nov. 11-15


