You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and […]
Today’s high inflation has triggered aggressive moves from the Federal Reserve, which has many economists worried that we’re headed toward a recession. These concerns also come at a time when home prices are steep and mortgage rates are rising, causing […]
US inflation was slightly weaker than forecast in April, in a positive sign that the Federal Reserve’s cycle of interest rate rises is bringing price rises under control. Consumer price inflation dipped to an annual […]
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to 6.48% from 6.50% Applications to refinance a home loan jumped 10% last week, compared with […]
Gil Borok, Colliers U.S. CEO, joins ‘Squawk on the Street’ to discuss Borok’s viewpoint on the ability to finance for commercial properties, if there’s any impact on commercial real estate from the bank failures and […]
Commercial real estate lending more than halved last quarter compared to the prior year. The MBA attributed the drop to a “logjam” of uncertainty that’s freezing the market. Demand for office and apartment buildings has […]
“Despite the fact that mortgage rates on average were lower in April, rate lock volumes took a hit,” said Andy Walden, vice president of enterprise research and strategy at Black Knight. The post Black Knight: […]
A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: […]
For those in the mortgage space, there are a myriad of technology solutions claiming to help streamline lending operations and improve efficiency. These workflows help title and settlement companies track how data and decisions flow […]
If any industry suffers as a result of urban crime, it is real estate. The post A Phil Hall Op-Ed: The Disastrous Silence on Urban Crime appeared first on Weekly Real Estate News.
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