Recent housing drop likely not signaling trend
In recent weeks, there has been a noticeable drop in home sales in certain areas. This has raised the level of concern of many consumers who think this is a […]
Mortgage changes debut
Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for […]
Annual housing production rate tops 1 million
Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released […]
Average US 30-year mortgage rises to 4.48 percent
WASHINGTON — Average U.S. rates for fixed mortgages crept higher this week but remained low by historical standards. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year […]
Is Web traffic a good bot, or a bad bot?
The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking […]
Income of $125,000 needed to buy San Francisco home
The income required to purchase a median-priced home in today’s market depends largely on location and varies quite a bit across the country. In Cleveland, you could earn $22,000 a […]
Seniors healthier when they own home
A new study has revealed that seniors who own their homes are much more likely to enjoy good health and a generally good life during their senior years than those […]
2014 housing market looks ‘good’, but lending may tighten
CHARLOTTE – The year ahead will be “good, not great” for the housing market, with an anticipated 5 percent growth in housing sales from 2013, according to forecast Freddie Mac’s […]
Bank of America to pay Freddie Mac $404 million
CHARLOTTE — Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. The Charlotte, N.C., […]
Wells settles with Freddie on mortgage claims
Wells Fargo & Co. has agreed to an $869 million settlement with Freddie Mac over claims on home loans it sold to the government-controlled mortgage finance company.
Average US 30-year mortgage rate down to 4.32 pct.
Average U.S. rates on fixed mortgages fell this week to their lowest point in two months. The decline follows the Federal Reserve's decision last week to hold off slowing its monthly bond purchases.
Citi paying $395M to Freddie for mortgage claims
Citigroup Inc. has agreed to pay $395 million to Freddie Mac to settle claims on home loans it sold to the government-controlled mortgage finance company.
Latest News
- Opportunity Zone housing markets continue to keep up with broader price gains across nation in third quarter
- Office Evolution’s flexible workspaces address demand from Charlotte professionals
- U.S. foreclosure activity remains steady in October 2023
- Construction sector adds 23,000 jobs in October as unemployment rate falls to 4.0 percent
- Alliance Residential opens Broadstone Optimist Park in Charlotte
- Construction employment rises in 43 states & D.C.
- LISC Launches Second Charlotte Affordable Housing Fund
- U.S. Home-seller profits continue rising as home values hit new highs in third quarter
- CBRE arranges sale of 107,545-SF Three Water Ridge in Charlotte
- Home equity trends mixed across U.S. In third quarter despite continued price increases
- Construction employment rises by 11,000 jobs in September
- Third & Urban Completes Construction on Pass 41, Announces New Tenants
Features
- Seyfarth bolsters Charlotte office with Katie Schwarting
- SCORE Charlotte intake team honored in matching potential new client needs with one of the chapters 72 volunteers
- Bidding Wars – 6 Tips to Help a Homebuyer Win the Bid
- ABC Carolinas Construction Conference Features New SC Chamber CEO, Bob Morgan as Keynote
- How to Buy Your First Home
- Buying and Selling in the time of COVID-19
- PERSONNEL FILE: Peters joins Showcase Realty
- PERSONNEL FILE: Mellor joins Henderson Properties of Charlotte
- REZONING ROUNDUP: Greenway Residential Development seeks rezoning of 12.3 acres
- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
- PERSONNEL FILE: McCarty has joined LS3P
- PERSONNEL FILE: Graham joins Paragon Bank