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Mortgage Rates Up for Fourth Straight Week
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Up for Fourth Straight Week
Pending Home Sales, Buyer Affordability Down in January
The national median payment applied for by purchase applicants increased to $2,134 from $2,055 in December. Continue Reading Pending Home Sales, Buyer Affordability Down in January
Home Mortgage Lending Activity Sank During Q4 2023
The fourth quarter total was also a 16.5% decline from the same period in 2022. Continue Reading Home Mortgage Lending Activity Sank During Q4 2023
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
The monthly mortgage payment on a typical home has nearly doubled since January 2020. Continue Reading Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
New Jersey Development Site Sells for $7.5 Million
CBRE procured the buyer for the transaction, which is the third sale that the brokerage completed on behalf of the seller. Continue Reading New Jersey Development Site Sells for $7.5 Million
Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
Partridge will be leaving the company to pursue another opportunity with a new venture not in the REIT industry. Continue Reading Matthew M. Partridge to Step Down as SVP/CFO at CTO Realty Growth
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