2021 Average Closing Costs for Purchase Mortgages Up 13.4%
t’s getting more expensive to own a home—and to close on one, too.
International Investors Target Smaller U.S. Cities
International investors feel increasingly optimistic about U.S. commercial real estate, sparking increased interest in secondary and tertiary markets, said the Association of Foreign Investment in Real Estate, Washington, D.C.
Initial Claims Hold Near 52-Year Lows; Leading Economic Indicators Improve
Initial claims for unemployment insurance hovered near historic lows last week, the Labor Department reported Thursday. In a separate report, the Conference Board, New York, reported its Leading Economic Index rose in March, the second consecutive monthly improvement.
People in the News Apr. 22, 2022: Xactus Taps Kevin Ryan as CFO
Xactus, Philadelphia, named Kevin Ryan the company’s Chief Financial Officer, responsible for guiding the firm's efforts to streamline its finance and accounting operations.
MBA State & Local Workshop in Washington Apr. 25-26
The Mortgage Bankers Association's State and Local Workshop 2022 takes place Apr. 25-26 at the Renaissance Downtown Hotel in Washington, D.C., just ahead of the MBA National Advocacy Conference.