Mobility Market Intelligence (MMI), a data intelligence and market insight tool provider for the mortgage and real estate industries, has appointed Brian McKray as the director of product development. In this role, McKray will be […]
Mortgage rates are trending up ahead of the Federal Reserve’s meeting next week, with the FOMC expected to increase the federal funds rate. Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed mortgage rate […]
“The lack of housing inventory is a major constraint to rising sales,” said NAR Chief Economist Lawrence Yun. The post Pending Home Sales Down for First Time in Four Months appeared first on Weekly Real […]
Today, Airbnb announced the third edition of the Airbnb Athlete Travel Grant, in partnership with the International Olympic Committee (IOC) and the International Paralympic Committee (IPC). The Airbnb Athlete Travel Grant, which was launched in […]
Executives at both Stewart Information Services and First American Financial bemoaned the challenging housing market environment as they discussed their respective firms’ first quarter 2023 earnings with investors Thursday morning. “The sharp decline in affordability […]
“Rates should gently decline over the course of 2023,” said Freddie Mac Chief Economist Sam Khater, The post The 30-Year Fixed-Rate Mortgage Inches Up Again appeared first on Weekly Real Estate News.
The largest institutional single-family rental (SFR) operator in the country, Invitation Homes, is in the hot seat over its alleged failure to comply with building-permit requirements for rental properties it owns in California. Another larger player […]
Before the pandemic, San Francisco’s California Street was home to some of the world’s most valuable commercial real estate. The corridor runs through the heart of the city’s financial district and is lined with offices […]
WASHINGTON, April 27 (Reuters) – U.S. economic growth slowed more than expected in the first quarter as an acceleration in consumer spending was offset by businesses cutting back on inventory investment in anticipation of weaker […]
History tells us that the Federal Reserve’s inflation-fighting playbook starts with the U.S. housing market. It goes like this. The central bank begins by applying upward pressure on mortgage rates. Soon afterwards, home sales fall and […]
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