Mortgage and real estate news this week: Q3 expectations and mortgage rate forecast

Mortgage and real estate news this week: Q3 expectations and mortgage rate forecast

This July Fourth we may be celebrating independence from historically low mortgage rates and unusually strong housing competition. Here's what you
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Are Banks Open on July 4 or July 5? Opening Hours for Independence Day Holiday

Which Banks Are Closed on the Fourth of July? · Bank of America · BB&T · BBVA · BMO Harris Bank · Chase · Citizens Bank · City National Bank · First
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Capitec warns of new banking scam targeting customers

Financial services group Capitec has warned that voice phishing, also known as vishing, is becoming an increasingly common banking scam in South
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Top of the Morning, July 3, 2021

No matter how much the tab from this weekend's ice cream giveaway ends up being, the philanthropic folks at Catlin Bank will be happy to pay it.
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PennyMac Mortgage Investment Tr – Consensus Indicates Potential -1.5% Downside

PennyMac Mortgage Investment Tr found using ticker (PMT) have now 8 analysts covering the stock. The analyst consensus points to a rating of 'Hold'
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Open Lending Corporation (NASDAQ:LPRO) Received A 16.42% Gain In 6 Months – Here's What …

During the last session, Open Lending Corporation (NASDAQ:LPRO)'s traded shares were 493,594, with the beta value of the company hitting 0.
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Unemployed Vietnam veteran, helped by CBS6 viewers, may finally get help from VEC

“Because I'm a month behind on my mortgage and I'm going to use the GoFundMe to pay for my mortgage.” If the VEC does follow through, Cook says
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Housing prices continue to skyrocket

Throughout the past five years, Lake County's real estate market value has more than doubled as housing inventory decreases and demand
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Eastern Union's 'President's Team' Secures $25.75-Million Bridge Loan for 232-Unit Multifamily …

… for refinancing properties backed by Fannie Mae or Freddie Mac. Capital introductions are handled through Eastern Union's affiliate, Eastern Equity
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Real estate groups press county to zone more land for housing

With home prices hitting unprecedented levels in Chesterfield County, two leaders of the region's residential real estate industry last week called on
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City attorney sues 101 Ash St. real estate broker, citing violation of anti-corruption laws

Jason Hughes, commercial real estate broker and a principal of Hughes Marino, Inc., had acted as a “special volunteer for real estate services” for
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Rare Earth Elements Market to Reach USD 5520.2 Million by 2028; Surging Adoption of Electric …

This information is given by Fortune Business Insights™ in a published report, titled, “Rare Earth Elements Market Size, Share & COVID-19 Impact
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Rocket Mortgage Classic ready to welcome Michigan's largest crowds since Covid arrived

… some of the world's best golfers are ready to take the course at the Rocket Mortgage Classic where organizers will host their third-ever tournament.
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The hot housing market is showing signs of cooling down

Houses are selling quickly, often for thousands over the asking price. It has been driven by a big increase in demand and record-low mortgage rates. But
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May home sales rebound to highest level since 2005, shocking even the Realtors

“The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” After falling quite
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Harrison Street Secures $250M for Senior Housing Portfolio

The portfolio mortgage also involved Freddie Mac loan assumptions. Trace Wilson, executive director at PGIM Real Estate, and Cary Tremper, head of
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Colliers looks at how the rise of remote working is affecting the amount of office the federal …

(Trepp); Fannie, Freddie Undeterred in Commitment to Seniors Housing … Fannie Mae and Freddie Mac, the two giant government-sponsored
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IMG acquires third San Antonio area apartment community in 2021

Freddie Mac financing for the Heights at Converse acquisition was secured through David Bleiweiss of Berkadia. John Carr and Ben Fuller from
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Today's best iOS + Mac app deals: Leo's Fortune, thankful, Rogue Hearts, more

Highlights include Leo's Fortune, thankful, Rogue Hearts, Waterly, and more. Hit the jump for a closer look at today's best.
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US Welding Consumables Market: Lincoln Electric Develops U/LINC by Partnering Up with Tooling …

This information is given by Fortune Business Insights™ in a new report, titled, “U.S. Welding Consumables Market, 2021-2028.” As per the report, the
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