In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. Fast-forward one year, and the rate averaged 7.2%, an expensive difference for many homebuyers (rates have since started to drop). […]
While mobile homes are traditionally less expensive than site-built single-family housing, new data from LendingTree (NASDAQ:TREE) has determined the prices of mobile housing has spiked higher. The average sales price of new mobile homes sold in the […]
The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of attorney opinion letters (AOLs) on Wednesday. In the letter addressed to FHFA […]
A rambling property that has long been owned by actor Patrick Duffy will soon hit the auction block with no minimum reserve price. In southwestern Oregon, his Rogue Valley ranch is set to begin accepting […]
Halfway down a Bushwick side street, in the back of an artisanal doughnut shop and through a photobooth, this rhino-themed restaurant has quietly been slinging drinks and bites since October. Ra-Ra Rhino, the latest addition […]
The tides are turning for some of the nation’s real estate markets that weathered a tough 2023, as projections indicate a promising double-digit surge in home sales there for 2024. According to new Realtor.com data, […]
US homebuyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America published on Monday. About 62% of respondents said they would wait for borrowing […]
Prospective homebuyers may be running out of patience for home prices and interest rates to fall before buying property, according to new data from the Bank of America (NYSE:BAC) Homebuyer Insights Report. According to the […]
We’re writing today to address the unintended consequences that may result from the real estate agent commission dilemma stemming from recent lawsuits. As leaders of a non-profit, the Association of Independent Mortgage Experts (AIME), we […]
Tech Trends: Two big events have hit the real estate world recently. First, the National Association of Realtors lost a big lawsuit that could force future changes to how real estate sales are done. Second, interest […]
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