Having open and honest conversations around how to navigate your personal and professional life is more important than ever, as everyone works to find harmony in their life. At HW Annual on Oct. 3, Dalila Ramos, founder of Love and Tacos Media, will lead a session on work life balance, addressing the realities that many […more]
The enormous 550-acre spread comes with a big price tag. Big Tree Farm is Indiana’s most expensive listing at $47.9 million.
Another single-family rental (SFR) securitization deal sponsored by a large institutional player, Progress Residential, is slated to hit the private-label market this month, bringing the total securitization-deal count for Progress to seven so far this year. This latest transaction, Progress 2022-SFR7, will be secured by a single $426.8 million fixed-rate loan backed by mortgages on 1,434 […more]
The U.S. House of Representatives this week passed a bill that streamlines the appraisal process for U.S. Department of Veterans Affairs mortgage loans. With the passage of HR 7735, known as the “Improving access to the VA home loan benefit Act of 2022,” the VA is now permitting desktop appraisals and in some circumstances, waiving […more]
A historic stone castle sits on a riverbank in Kansas. The 1.76-acre regal property is listed for $3.5 million.
We’ve been fans of penthouse unit #613 atop the historic Embarcadero Lofts building at 300 Beale Street since we first featured the condo back in 2008. Having last traded hands for $1.92 million in September of 2017, “over $350K” has since been spent to further improve the upscale three-bedroom, including an upgraded kitchen; the installation […more]
Mortgage rates shot above 6 percent this week for the first time in 14 years as inflation has remained resistant to the Federal Reserve’s efforts to tamp it down. The dramatically swift escalation has chilled what had been a hot U.S. housing market, increasing pressure on an economy plagued by unremitting inflation. The 30-year fixed-rate […more]
Mortgage rates in the U.S. topped 6 percent for the first time in nearly 14 years. The average for a 30-year loan jumped to 6.02 percent from 5.89 percent last week, Freddie Mac said in a statement Thursday. The last time rates were above 6 percent was in November 2008, the company’s data show. This […more]
Having already doubled over the past year, the average rate for a benchmark 30-year mortgage ticked up another 13 basis points (0.13 percentage points) over the past week to 6.02 percent, an average rate which is 110 percent higher than at the same time last year, 127 percent above last year’s all-time low, and the […more]
The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage rose to an average of 6.02% this week ahead of the Federal Reserve’s much-anticipated interest rate hike next week. Daily mortgage rate calculators are showing 30-year fixed rates at 6.30% and above. A year ago at this time, rates averaged 2.86%. […more]