Jeff Bezos has sold his Seattle mansion for a record price of $63 million. The sale comes after Bezos and his fianc\’e Lauren Sanchez relocated to Miami, where […]
Real Estate
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VA to End Mortgage Bailout Program for Veterans
The Department of Veterans Affairs (VA) has announced the termination of its mortgage bailout program, known as the Veterans Affairs Servicing Purchase Program (VASP). This initiative provided last-resort […]
Real Estate
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27 Dallas Billionaires Featured on Forbes’ 2025 List of World’s Richest People
Forbes has released its 2025 list of the world’s billionaires, revealing that the globe’s wealthiest individuals have never been richer. Among them are 27 billionaires from Dallas. Leading […]
Real Estate
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Rocket Mortgage Acquiring Mr. Cooper in a $9.4 Billion All-Stock Deal
Rocket Mortgage is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion. This acquisition follows Rocket’s recent purchase of real estate listing company Redfin. […]
Real Estate
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Federal Housing Agency Maintains Fannie Mae and Freddie Mac Loan Limits
Bill Pulte, the newly confirmed director of the Federal Housing Finance Agency (FHFA), which oversees mortgage giants Fannie Mae and Freddie Mac, announced that he will not lower […]
Real Estate
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Heathrow Airport Defends Response to Fire Shutdown Amid Energy Resilience Concerns
Heathrow Airport executives defended their response to a fire that shut down Europe’s busiest air hub for nearly a day. Over 1,300 flights were canceled, affecting more than […]
Real Estate
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Tariff fears are raising construction costs by up to 20%, says Related Group CEO
Building contractors are already increasing prices by as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according […]
Real Estate
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February Home Resales Surge Despite Elevated Mortgage Rates
February saw a significant 4.2% increase in previously owned home sales compared to January, reaching 4.26 million units on an annualized basis, according to the National Association of […]
Real Estate
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Amtrak CEO Steps Down Amid Leadership Transition and Budget Concerns
Amtrak CEO Stephen Gardner resigned from his position this week, citing the need to maintain support from the Trump administration. In a statement, Gardner mentioned his decision was […]
Real Estate
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Average US rate on a 30-year mortgage edges higher, ending a seven-week slide
The average rate on a 30-year mortgage in the U.S. increased slightly this week, bringing an end to a seven-week decline that had helped reduce borrowing costs for […]