December New Home Purchase Mortgage Applications Down 25.2 Percent
Mortgage applications for new home purchases in December fell by 5 percent from November and by 25.2 percent from a year ago, the Mortgage Bankers Association reported Thursday.
Builder Confidence Up for 1st Time in a Year
Builder confidence in the housing market rose for the first time in 12 months, the National Association Home Builders reported Wednesday, as a drop in mortgage interest rates brought out more potential new home buyers.
MBA Awards More Than $148,000 in Path to Diversity Scholarships
The Mortgage Bankers Association awarded more than $148,000 in scholarships last year to 167 women and those from historically marginalized and underrepresented groups under its Path to Diversity Scholarship Program.
Small-Cap Real Estate Conditions Dim
Small-cap commercial real estate market conditions have dimmed--and things will likely get worse before they get better, reported Boxwood Means LLC, Stamford, Conn.
Dealmaker: Gantry Secures $17M for California Retail Center
Gantry, San Francisco, secured $16.7 million to refinance the Market Place at Town Center retail center in El Dorado Hills, Calif., near Sacramento.
