Top Headlines
The Milestone Group Acquires 2 Apartment Communities in Virginia
The financial terms of the acquisition were not disclosed. Continue Reading The Milestone Group Acquires 2 Apartment Communities in Virginia
Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Daniel Boldi is expected to be sentenced to three to nine years in prison and is required to pay $1 million. Continue Reading Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
The Home Depot Foundation Commits Up to $2 Million for Helene Disaster Relief
The Homer Fund, The Home Depot’s employee assistance fund, is providing immediate financial support to impacted associates. Continue Reading The Home Depot Foundation Commits Up to $2 Million for Helene Disaster Relief
Helene Update: 121 Dead, Millions Without Power Across Southeast
Florida Gov. Ron DeSantis said power had been restored for 2.32 million customers in his state. Continue Reading Helene Update: 121 Dead, Millions Without Power Across Southeast
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The proposed rule would clarify the terms used by the FHLBanks to determine limits on unsecured credit to counterparties. Continue Reading FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
Guaranteed Rate Announces Rebranding
The rebranding process will be gradual, the company stated. Continue Reading Guaranteed Rate Announces Rebranding
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. Continue Reading FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
Mortgage Application Activity Inches Up
The total number of home loans now in forbearance declined slightly to 0.21% as of May 31. Continue Reading Mortgage Application Activity Inches Up
Mortgage Rates Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87% as of June 20. Continue Reading Mortgage Rates Down for Third Straight Week
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
CFPB Issues Bans to Reverse Mortgage Servicers
The CFPB issued permanent bans against Sutherland Global, Sutherland Government Solutions and NOVAD Management Consulting Continue Reading CFPB Issues Bans to Reverse Mortgage Servicers
Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Multifamily mortgage debt alone increased to $2.10 trillion from the fourth quarter of 2023. Continue Reading Commercial/Multifamily Mortgage Debt Outstanding Up in Q1
Recent Posts
Hits and Misses for the Real Estate Week of March 16-20- Virginia Home Sales Up 7.4% in February
- Judge Strikes Down FinCEN Rule Aimed at Money Laundering in Real Estate
- New Proposal to Keep the Bears in Chicago Features Renovated Soldier Field
- Survey: 3 in 5 Fear Loss of Jobs to AI Will Impact Housing Market
