Is the Economy Ready to Roar?
We had a strong October jobs report and the Delta variant is fading. Theoretically, this gives us a better chance that the economy’s fourth quarter growth rate will ramp up from the tepid 2.0%
Housing Market Cooled in October, But Relief For Homebuyers Was Short-Lived
Pending sales rose 3% from September, and early indicators of demand are strengthening The median price of homes sold in October was $378,700, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. This
“For Sale By Owner” Listings tend to be used by Rural and Lower-Income Sellers
Over three-year period, 4-6% of all monthly listings nationwide were offered directly by owners A recent report released by Zillow highlights trends in homes listed as "For Sale By Owner" (FSBO), which are advertised and sold
Freddie Mac Prices $317 Million in Multifamily Structured Credit Risk Notes
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily Structured Credit Risk (MSCR) Notes, Series 2021-MN3. The MSCR (pronounced M-SCORE) program is designed to reduce Freddie Mac’s exposure to mortgage credit risk and
Realogy to Participate in the Stephens Annual Investment Conference
Realogy Holdings Corp. (NYSE: RLGY), the leading and most integrated provider of U.S. residential real estate services, today announced that Chief Executive Officer and President Ryan Schneider and Executive Vice President and Chief Financial Officer Charlotte Simonelli will participate virtually
Two NJ Residents Sentenced for Mortgage Fraud
Two New Jersey individuals have been sentenced to prison terms for their roles in a mortgage-fraud scheme, Acting U.S. Attorney Rachael A. Honig announced today. Shonda Coleman, 49, of Toms River, New Jersey, was
Shift Toward Seasonal Norms Could Benefit Buyers, Renters
Though still hot, easing competition in the housing market could reward persistent shoppers - A less competitive fall market could mean savings for buyers and additional time to decide on a purchase. - Rent
Mortgage Rates Tick Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.10 percent. “The combination of rising inflation and consumer spending is driving mortgage rates
It is Still COVID
Don’t look now, but the pandemic has started to wane once again. After cases fell throughout the spring and early summer, the Delta variant pushed cases from a low of just over 10,000 per
Freddie Mac Prices $734 Million Multifamily K-Deal, K-F125
Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $734 million