President Trump made a surprise announcement on Saturday via a Truth Social posting where he floated the idea of a 50-year mortgage. In his post, Trump compared his advocacy for a 50-year mortgage to President Franklin D. Roosevelt’s advocacy of a 30-year mortgage...
Mortgage credit availability was more abundant in October, according to the Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). “Credit availability in October rose to its highest level since 2022 as investors broadened their...
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 3-7. Miss: A Tough Market...
Builder confidence in the new multifamily housing market increased year-over-year in the third quarter, according to the Multifamily Market Survey released by the National Association of Home Builders (NAHB). The MMS produces two separate indices. The Multifamily...
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Trump Approves Emergency Aid for 76 Georgia Counties After Hurricane Isaias
