Residential Real Estate
Median home prices in the second quarter eclipsed a record high set in 2016, jumping 6.2 percent year over year as the inventory crunch continues to push property values higher, according to the National Association of Realtors.
Real Living Wareck D’Ostilio Real Estate, a Berkshire Hathaway affiliate, recently announced the opening of its newest office on 978 Main St. in the heart of Branford Center.
Following a mild decline last week, the 10-year Treasury yield rose 1 basis point this week. The 30-year mortgage rate similarly remained relatively flat, falling just 1 basis point to 3.89 percent. Mortgage rates are continuing to hold at low levels amidst ongoing economic uncertainty.
Innovation in the Constitution State’s 21st century real estate market isn’t just about technology; it’s about technology that improves service to clients.
Mortgage applications increased 3 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Aug. 4, 2017.
Fannie Mae and Freddie Mac could require as much as a $99.6-billion government bailout in the event of severe economic downturn, according to the Federal Housing Finance Agency’s (FHFA) annual “stress test” released this week.
Berkshire Hathaway HomeServices New England Properties recently named the top sales executives in the Glastonbury/Marlborough office for the month of July 2017.
After holding relatively flat last week, the 10-year Treasury yield fell 4 basis points this week.
If you’ve been waiting for the long-anticipated news that the two dominant players in the home mortgage arena – Fannie Mae and Freddie Mac – finally have decided to overhaul their outdated credit scoring systems to expand homeownership opportunities for a broader range of consumers, sorry. Your wait just got a lot longer.
PHH Corp.. PHH Mortgage Corp. and PHH Home Loans (collectively, PHH) have agreed to pay the United States $74,453,802 to resolve allegations that they violated the False Claims Act.
Gen Xers, the demographic cohort following the Baby Boomers and preceding the Millennials, are dominating the mortgage market, according to the results of the National Association of Mortgage Professionals’ most recent monthly member survey.
The share of mortgages nationwide that went from current to 30 days past due was 0.8 percent in May 2017, compared with 0.9 percent in May 2016 and approaching a 10-year-low, according to a recent report from CoreLogic, a global property information firm.
Jennifer Quagliano has joined Pearce Real Estate as a commercial sales associate in the firm’s Rocky Hill commercial office.
Mortgage applications decreased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 28, 2017.
Maria Renaldi has been hired as director of residential services at Colonial Properties Inc. in Orange.
One percent down on a new home loan? Zero down? Generous gifts of thousands of dollars from mortgage companies to help you swing the deal?
The National Association of Realtors announced in a video yesterday that former senior vice president and 30-year industry veteran Bob Goldberg has been selected as the organization’s new CEO.
Freddie Mac today reported its second quarter results and filed its Form 10-Q with the U.S. Securities and Exchange Commission (SEC), available now on the company’s website, along with the second quarter 2017 financial results supplement.
Single-family home sales in Connecticut jumped 8.7 percent in June compared to June 2016, according to the latest report from The Warren Group, publisher of The Commercial Record.
Residential Real Estate Top Block
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- Former Bankruptcy Attorney Admits To Stealing Millions From Clients
- Ridgefield Realtor Arrested, Charged With Larceny
- Woman Sentenced For Stealing $1.7M From Employer
- Baystate Financial And New England Financial Group Announce Merger