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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
3 REITs To Buy Before They Hike Their Dividend
Three REITs are poised to increase their dividends, making them attractive investment opportunities. The analyst has a beneficial long position in SBAC, FRT, CCI, EGP, and FR through […]
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
Mortgage rates in the US have been declining in recent weeks, reaching their lowest level since December, which has encouraged prospective homebuyers as the spring season begins. However, […]
These are the most competitive rental markets in the U.S.
Despite a record high of nearly 600,000 new multifamily units completed last year, rental competition in the U.S. has intensified, according to a report by RentCafe. New York […]
Millennial Home Values Will Get Crushed by American Population Decline
Millennials have long faced challenges in the housing market, primarily due to a lack of affordable homes. This issue has been attributed to factors like house-hoarding baby boomers […]