Real Estate News & Insights
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
During the third quarter of 2025, 21.2% of outstanding mortgages carried interest rates of 6% or higher, compared to the 20.0% share with rates below 3%. Continue Reading Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
Mortgage Application Activity Soars by 28.5%
“Refinance applications surged 40% to the strongest weekly pace since October 2025,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Soars by 28.5%
NYC Provides Illegal Immigrants Up to $4,000 to Move Out of Shelters
The unpublicized program quietly began in December. Continue Reading NYC Provides Illegal Immigrants Up to $4,000 to Move Out of Shelters
St. Louis’ Historic Wainwright Building Sells for $8.25 Million
The 10-story office building was designed by the prominent architect Louis Sullivan and opened in 1891. Continue Reading St. Louis’ Historic Wainwright Building Sells for $8.25 Million
Peachtree Group Launches Restaurant Management Division
The new division will be led by Daniel Puglisi, senior vice president of corporate operations for hospitality management. Continue Reading Peachtree Group Launches Restaurant Management Division
MBA Taps David Menke as Director of Member Relations
Menke comes to the MBA from CapStar Bank, where he served as vice president of secondary marketing. Continue Reading MBA Taps David Menke as Director of Member Relations
Bank of Canada Announces Third Consecutive Rate Cut
The central bank acknowledged “high shelter price inflation” as an ongoing challenge. Continue Reading Bank of Canada Announces Third Consecutive Rate Cut
New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot
Robert Coppotelli was identified from video recordings from a jacket that bore his company’s name. Continue Reading New Jersey Real Estate Agent Pleads Guilty for Conduct During Jan. 6 Riot
Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting
Wesley Fowler Jr. sold his first house a few days before his death. Continue Reading Alabama Mortgage Officer Turned Realtor Killed in Gas Station Shooting
Pending Condo Sales Down as Inventory Expands
Florida and Texas lead the nation in declining condo sales. Continue Reading Pending Condo Sales Down as Inventory Expands
Mortgage Application Activity Up 1.6%
Among the federal programs, the FHA share of total applications decreased to 14.6% from 15.3% the week prior. Continue Reading Mortgage Application Activity Up 1.6%
Global Net Lease Sells Two More Properties in Strategic Disposition Plan
Michael Weil, CEO of GNL, stated, “We are pleased with the rapid progress of our strategic disposition initiative.” Continue Reading Global Net Lease Sells Two More Properties in Strategic Disposition Plan
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