Federal Reserve
Weely Real Estate News

Federal Reserve Keeps Rates Unchanged

To the surprise of no one, the Federal Reserve has opted to maintain interest rates at the current level. The central bank’s policymaking Federal Open Market Committee stated it would keep the target range for […]

Brooklyn Waterfront
Weely Real Estate News

New 1 Million SF Development Planned for Brooklyn Waterfront

The Naftali Group, a Manhattan-based developer, is partnering with the investment firm Access Industries on Williamsburg Wharf, a Brooklyn waterfront development consisting of five 22-story residential towers encompassing 850 condominium units. The new development is […]

North Carolina
Weely Real Estate News

New Housing Department Proposed for North Carolina

A bill has been introduced in the North Carolina House of Representatives to create a new state-level housing department. NCNewsline.com reported Rep. Diamond Staton-Williams’ House Bill 925 is proposing the creation of the North Carolina Department […]

Mortgage Demand
Weely Real Estate News

Mortgage Demand Slumps Again

Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis […]