The share of mortgage loans in forbearance decreased by five basis points in June 2023 relative to May 2023 to 0.44% from 0.49%, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey. Since […]
Lawrence Yun has as big a stake in the Federal Reserve’s moves as any economist: As the chief economist for the National Association of Realtors, his industry is a target of the Federal Reserve’s efforts […]
As U.S. inflation continues to cool, stocks are riding a wave of optimism. During the past week, the S&P 500 SPX, 0.05% climbed above 4,500 for the first time in more than 15 months, after both the consumer price […]
The entire world was bracing for a US recession at the start of 2023. Over six months down the line, the world’s largest economy is not shrinking, at least not yet. But if the US […]
The Canadian Real Estate Association has lowered its forecast for home sales in Canada due to limited inventory and recent interest rate hikes by the Bank of Canada.– Sales in 2023 are now expected to […]
This past week the National Association of Home Builders (NAHB) told Congress that burdensome government regulations and mandates which support environmental, social and governance (ESG) policies impede the housing industry’s ability to increase the production […]
Fraser joins Anchor from Built Technologies Inc, a provider of construction-finance software, where he was senior vice president for commercial real estate lending solutions. The post Jim Fraser Named Chief Operating Officer at Anchor Loans […]
loanDepot has named Darren Graeler as executive vice president and chief accounting officer. He will succeed current CFO David Hayes as the publicly traded lender’s chief accounting officer. The company will pay Graeler a base […]
Wells Fargo and JPMorgan Chase, two top-five depository lenders that struggled more than the overall mortgage market in the final three months of 2022, have started to show real signs of improvement. Due to surging […]
Dell paid $34 million for the 7,200-square-foot condo with five bedrooms and a 570-square-foot private balcony in 2020. The post Michael Dell Lists His Boston Penthouse for $35 Million appeared first on Weekly Real Estate […]
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