News Flash

Sen. Elizabeth Warren (D-MA) is using a contentious special election scheduled for next month in Alabama to fundraise for her own 2018 re-election
Sen. Warren Fundraises Off Controversial Alabama Senate Race
Sen. Elizabeth Warren (D-MA) is using a contentious special election scheduled for next month in Alabama to fundraise for her own 2018 re-election.   In an e-mail sent to her supporters last night, Warren accused the Republican candidate... Read more
New York City’s housing market saw a new record achieved with the priciest foreclosure auction in Big Apple history
Record Set in NYC Foreclosure Auction
New York City’s housing market saw a new record achieved with the priciest foreclosure auction in Big Apple history.   According to a Bloomberg report, the penthouse Unit 79 in the ultra-luxury high-rise One57 sold for $36 million in a... Read more
One of the nation’s most expensive housing markets is the focus of a new plan that would encourage new construction focused on affordability
Seattle Mayor Unveils Housing Plan
One of the nation’s most expensive housing markets is the focus of a new plan that would encourage new construction focused on affordability.   According to a Seattle Times report, Mayor Tim Burgess has previewed a plan that was first... Read more
After nearly five years as the nation’s least affordable housing market, San Francisco passed its pricey crown to Los Angeles in the third quarter edition of the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
The New Least Affordable Housing Market Is…
After nearly five years as the nation’s least affordable housing market, San Francisco passed its pricey crown to Los Angeles in the third quarter edition of the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity... Read more
Senate Republicans released their version of the tax reform plan that differs from the House of Representatives’ proposal in regard to the controversial decision to cut the mortgage interest deduction
Senate Tax Bill Keeps Mortgage Interest Deduction Intact
Senate Republicans released their version of the tax reform plan that differs from the House of Representatives’ proposal in regard to the controversial decision to cut the mortgage interest deduction.   The Senate plan would main... Read more
Average mortgage rates were down slightly in the latest Freddie Mac data
Mortgage Rates Take a Dip
Average mortgage rates were down slightly in the latest Freddie Mac data.   The 30-year fixed-rate mortgage (FRM) averaged 3.90 percent for the week ending Nov. 9, down from last week when it averaged 3.94 percent. A year ago at this time... Read more
Consumer satisfaction with primary mortgage originators is down
J.D. Power: Customer Satisfaction on Originations is Slipping
Consumer satisfaction with primary mortgage originators is down, according to data released by the J.D. Power 2017 U.S. Primary Mortgage Origination Satisfaction Study. The decline in consumer happiness was largely attributed to an... Read more
Third quarter originations of commercial and multifamily mortgage loan originations were eight percent above the second quarter and 21 percent higher than one year earlier
Q3 Commercial and Multifamily Originations Up 21 Percent YoY
Third quarter originations of commercial and multifamily mortgage loan originations were eight percent above the second quarter and 21 percent higher than one year earlier, according to new data from the Mortgage Bankers Association (MBA... Read more
The median home will be worth $6,275 more a year from now, according to new data released by Zillow
Zillow: 2018 Buyers Will Need to Save More
The median home will be worth $6,275 more a year from now, according to new data released by Zillow, which also forecasts that the average buyer will need to save an additional $105 a month, or $1,260 total over the next year, to account... Read more
Homebuyers who are not impressed with contemporary construction might be interested in a residence that was built when the nation’s leadership was helmed by King William III and Queen Mary II
Now Listed: 1694 Home for $549K
Homebuyers who are not impressed with contemporary construction might be interested in a residence that was built when the nation’s leadership was helmed by King William III and Queen Mary II.   According to a Realtor.com report, a home in... Read more