Existing home sales during February spiked by 9.5% from January to a seasonally adjusted annual rate of 4.38 million, according to new data from the National Association of Realtors (NAR). This represented the largest monthly […]
The 30-year fixed-rate mortgage averaged 6.87% as of March 21, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). Last week, the mortgage rate averaged 6.74%; one year ago at this […]
Rep. Alexandria Ocasio-Cortez (D-NY) and Sen. Bernie Sanders (I-VT) announced the relaunch of the “Green New Deal for Public Housing.” Among the provisions of the proposed legislation is the repeal the Faircloth Amendment, a rule […]
The U.S. Department of Housing and Urban Development (HUD) has announced a publicity campaign designed to trumpet what it describes as the “key milestones and accomplishments since the beginning of the Biden-Harris administration as well […]
New York Attorney General Letitia James has filed judgments in what appears to be her first effort to seize properties belonging to former President Donald Trump. According to combined media reports, James’ office entered judgments on March 6 with the […]
Jared Kushner, the son-in-law of former President Donald Trump and a prominent figure in American politics, has set his sights on the Balkans with plans for three transformative property developments across Albania and Serbia. […]
The US remains the world’s undisputed leader in wealth accumulation — but where within the states that money is concentrated is in flux. According to London-based investment migration consultancy Henley & Partners’ recently released […]
Ally Home, the residential mortgage lending arm of Ally Bank, is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront […]
The Federal Reserve’s Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% for a fifth straight meeting on Wednesday. “The Committee does not expect […]
Like with most things in life, real estate brokerages come in a variety of shapes and size, from white-glove service firms to discount brokerages to flat-fee firms that offer al a carte services. While […]
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