U.S. Housing Market
Mortgage Rates Drop to Lowest Level of 2025
The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31. Continue Reading Mortgage Rates Drop to Lowest Level of 2025
reAlpha Mortgage Launches Loan Officer Recruitment Program
“This program was built around what experienced originators consistently ask for: clarity, support, and fewer operational obstacles,” said CEO Jamie Cavanaugh. Continue Reading reAlpha Mortgage Launches Loan Officer Recruitment Program
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Truist Allocates $15 Million to Fund Affordable Housing in North Carolina
The new housing impact fund will focus its investments on apartment communities that are vulnerable to gentrification. Continue Reading Truist Allocates $15 Million to Fund Affordable Housing in North Carolina
Proptech RentRedi Acquires Two Property Management Platforms
The founder of the two acquired companies, Rick Sands, will become RentRedi’s head of payments. Continue Reading Proptech RentRedi Acquires Two Property Management Platforms
Wells Fargo Launches Down Payment Grant Program
The grants are being allocated under the company’s Special Purpose Credit Program. Continue Reading Wells Fargo Launches Down Payment Grant Program
Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
The fire consumed much of Maui’s historic Front Street, a popular site featuring retail stores, bars and restaurants. Continue Reading Hawaiian Wildfires Kill 36, Destroy More Than 270 Structures
Mortgage Rates Rise For Third Straight Week
The 30-year fixed-rate mortgage averaged 6.96% as of Aug. 10, up from last week when it averaged 6.90%. Continue Reading Mortgage Rates Rise For Third Straight Week
Manhattan Average Rents Set New Record at $5,588 Per Month
“We could see another month of records,” said Jonathan Miller, CEO of Miller Samuel. Continue Reading Manhattan Average Rents Set New Record at $5,588 Per Month
The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
NAR recorded the national median single-family existing-home price at $402,600, down 2.4% from one year ago. Continue Reading The Housing Seesaw: Home Sales Sink While Prices Remain Elevated
MBA: Mortgage Application Volume Down 3.1%
The Refinance Index fell by 4% from the previous week and was 37% lower than the same week one year ago. Continue Reading MBA: Mortgage Application Volume Down 3.1%
Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
“Modern building codes provide stability when weather-related disasters occur,” said CoreLogic’s Tanya Havlicek. Continue Reading Lower Mortgage Delinquency Rates on Hurricane-Impacted Homes with Modern Building Codes
Rudy Giuliani Lists His NYC Apartment at $6.5 Million
Giuliani purchased the 10th floor co-op apartment in 2002 for $4.8 million. Continue Reading Rudy Giuliani Lists His NYC Apartment at $6.5 Million
