Top Headlines
Mother of Missing Texas Real Estate Agent Fears Her Daughter is Dead
Suzanne Clark Simpson was last seen by a neighbor on the evening of Oct. 6. Continue Reading Mother of Missing Texas Real Estate Agent Fears Her Daughter is Dead
New Lending Platform Aims at Multifamily Property Owners
The target loan amounts for the new endeavor are expected to range between $15 million and $100 million. Continue Reading New Lending Platform Aims at Multifamily Property Owners
Gregory Raap Named SVP of Property Management at CONAM
Raap brings over two decades of multifamily real estate experience involving conventional, affordable and military housing. Continue Reading Gregory Raap Named SVP of Property Management at CONAM
Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Aspen Grove was shut down last month by the city amid charges that the property carried multiple health and safety issues. Continue Reading Landlord Agrees to Sell Colorado Complex Overrun by Venezuelan Crime Gang
Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
He faces a maximum penalty of 30 years in prison and a top fine of $1 million. Continue Reading Real Estate Developer Convicted with Menendez Pleads Guilty to Bank Fraud Charge
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Mortgage Application Activity Slows to a Crawl
The refinance share of mortgage activity decreased to 30.8%. Continue Reading Mortgage Application Activity Slows to a Crawl
Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Eligible borrowers can receive a maximum of $2,000 grant contribution at the residential mortgage loan closing. Continue Reading Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Mortgage Rates Rise Again, Nearing the 7% Mark
Last week, the mortgage rate averaged 6.74%; one year ago at this time, it was at 6.42%. Continue Reading Mortgage Rates Rise Again, Nearing the 7% Mark
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
FHA Raises Loan Limits for Manufactured Homes
The FHA said it will recalculate the program’s loan limits on an annual basis to keep pace with changing home prices. Continue Reading FHA Raises Loan Limits for Manufactured Homes
IMBs Recorded Net Production Losses in Q4 2023
“The fourth quarter of 2023 was about as challenging as it could get for mortgage lenders to generate a production profit,” said MBA’s Marina Walsh. Continue Reading IMBs Recorded Net Production Losses in Q4 2023
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.74% as of March 14, down from last week when it averaged 6.88%. Continue Reading Mortgage Rates Drop Again
New Click n’ Close Loan Program Aimed at Rural Markets
The new product is designed to aid homebuyers with down payment assistance, with availability in select markets. Continue Reading New Click n’ Close Loan Program Aimed at Rural Markets
