It was a wild ride for the housing market last week! The 10-year yield rose noticeably, sending mortgage rates near 7% right in the heart of the spring selling season. New listings data fell, however, […]
May 18 (UPI) — Sam Zell, a Chicago real estate magnate who became a billionaire by scooping up old properties, died on Thursday at 81. According to Market watch, Zell popularized the real-estate investment trust and […]
Some of the biggest US home buyers are backing out of the housing market as it undergoes shifts in affordability and rent dynamics. A recent analysis from John Burns Research and Consulting found that institutional investors who […]
The average for a 30-year, fixed loan was 6.39%, up from 6.35% last week, Freddie Mac said in a statement Thursday. While buyer demand remains strong in certain US cities, high borrowing costs and a […]
It’s something economists have expected for months: Consumers are becoming skittish as rising prices and high interest rates put pressure on their wallets. New government data and earnings reports indicate that more Americans are being strategic — hunting for […]
Today, more than ever, we must understand the macro global environment and its potential impacts on the local economy and real estate investment. On my recent investors call, a question was raised about the downward […]
FormFree, a leading provider of mortgage lending technology, announced on Wednesday that it has appointed Jonathan Nahil as its new chief technology officer (CTO). Nahil brings to the role over 20 years of experience as […]
Mortgage rates increased this week as the debt limit impasse between the Republican-controlled House of Representatives and President Joe Biden’s White House continues to cause uncertainties within the market. Rising rates and home prices come with affordability challenges, mainly for first-time […]
Denver, Colorado-based Incenter Mortgage Advisors (IMA) on Thursday announced the launch of a new digital mortgage servicing rights exchange. The marketplace, known as eMSR Exchange, connects buyers and sellers of co-issue flow offerings online and […]
This was the slowest growth rate since the beginning of the pandemic. The post US Rental Market Growth Slows to Near-Stagnation appeared first on Weekly Real Estate News.
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