Analysis of Real Estate Market Trends for the Week of March 3-7
Explore the latest developments in real estate, including controversies and key player dynamics that could impact market trends and lending opportunities.
Wyoming Governor Enacts Law for 25% Property Tax Exemption
Discover how Wyoming's new property tax exemption law can impact lending strategies and investment opportunities for private lenders in the region.
Shant Banosian Appointed as President of Rate Mortgage
Shant Banosian has been named President of Rate Mortgage, bringing extensive experience from his time as EVP for sales. Key developments for private lenders.
FOA Appoints New Executives to Enhance Technology and Customer Experience
FOA appoints new chief customer and technology officers to enhance its technological capabilities, aiming for improved service delivery and modernization.
Union Home Mortgage Purchases Nations Reliable Lending
Union Home Mortgage's acquisition of Nations Reliable Lending signals potential shifts in market dynamics, offering insights into evolving competitive landscapes for private lenders.
Bascom Group Purchases California Apartment Community for $127 Million
Highridge Apartments, a 1972 asset, has been significantly upgraded over time, highlighting investment potential for private lenders in multifamily properties.
Can mortgage rates impact the upcoming homebuying season?
High mortgage rates are hindering early season homebuyers, with pending home sales data reflecting a 3% decrease compared to last year’s figures.
Bank7 Expands with Acquisition of First American Mortgage Inc.
Bank7 has acquired First American Mortgage, enhancing its lending portfolio and expanding its footprint in the Oklahoma City market.
ICE Reports Unprecedented Increase in Property Insurance Costs
Annual property insurance costs for mortgaged single-family homes surged by a record $276, reflecting a significant trend in rising premiums over five years.
Is there potential for further declines in mortgage rates?
Treasury Secretary Bessent indicates the housing market may soon "unfreeze." Could mortgage rates dip further below recent lows since January? Explore the implications.