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Published on May 20, 2025

30-Year Mortgage Rates Surpass 7% Amid U.S. Credit Rating Concerns

NEW YORK, NY — The average interest rate for a 30-year mortgage climbed above 7% on Monday, driven by concerns over rising U.S. debt levels following Moody's credit rating downgrade on Friday. This marks the first time since April 11 that mortgage …

Source: Times News Global - Pro-Government
Published on May 20, 2025

The typical home in Greater Boston last month cost nearly $1 million

It is the time of year when housing prices in Boston truly begin to soar as the market kicks into gear for the spring and summer. And soar, they are. The median-priced single-family home in Greater Boston in April sold for $990,000, according to new …

Source: The Boston Globe - Massachusetts - Neutral
Published on May 20, 2025

Here's Why Billionaires Like Jay-Z and Mark Zuckerberg Get Mortgages They Don't Need

Meta Platforms CEO Mark Zuckerberg reportedly secured a 30-year mortgage in 2012 at an interest rate just above 1%. However, he already had amassed a fortune of £12.63 billion ($16.9 billion) by that time. Meanwhile, Jay-Z and Beyonce bought a £65.78 …

Source: International Business Times - United Kingdom - Neutral
Published on May 20, 2025

Mortgage rates jump above 7% after Moody’s downgrade

Posted/updated on: May 20, 2025 at 1:57 pm TEXAS – MarketWatch reports that mortgage rates surged after the credit-rating agency Moody’s downgraded U.S. debt. Moody’s cut the U.S.’s sovereign credit rating from AAA to Aa1. It was the last of the major …

Source: KTBB - Texas - Pending
Published on May 20, 2025

New Orleans home sales fall as listings dip

KEY TAKEAWAYS: April 2025 closed sales in New Orleans metro down 10.3% YoY New listings across major parishes dropped 9.8% YoY Average days on market up 19% YoY, hitting 75 days Average home sale price rose 1.3% to $358,841 April was a tough month for the …

Source: New Orleans City Business - Louisiana - Neutral
Published on May 20, 2025

Scottish islanders battling second home tax force council to reconsider: Could more follow suit?

North Ayrshire Council is reviewing its 100% second home council tax premium By ED MAGNUS Updated: 09:31 EDT, 20 May 2025 A Scottish Island may be about to force a u-turn over the decision to impose double council tax on second homeowners. Residents of …

Source: Daily Mail - Right-wing
Published on May 20, 2025

Bank of England issues urgent update for anyone with a mortgage after interest rate cut

The Bank of England has issued an update for mortgage holders in its latest Monetary Policy Report. It warns that while some mortgage rates have started to ease, many households refinancing this year are still likely to face higher monthly payments than …

Source: GB News - Right-wing
Published on May 20, 2025

Bank of England issues urgent update to anyone with a mortgage

The Bank of England has issued an urgent update for anyone with a mortgage after the interest rate cut. Millions face higher repayments despite signs of easing rates, according to its latest Monetary Policy Report. The report stated: "Effective rates …

Source: Birmingham Live - Neutral
Published on May 20, 2025

Major lender launches 'crucial' no deposit mortgage for first-time buyers

Another big lender has launched a so-called "crucial" no deposit mortgage in a boost for first-time buyers. Gable Mortgages has announced the launch of its first zero-deposit mortgage products. The lender is offering a zero deposit standard five- …

Source: Birmingham Live - Neutral
Published on May 20, 2025

US Housing Market Wobbles During Major Homebuying Season

Sales of existing homes dropped to their lowest level in six months this spring even as inventory jumped to a five-year high, according to Redfin data. According to Dan Close, a Redfin Premier real estate agent in Chicago, much of this drop in sales can be …

Source: Newsweek - Left-wing
Published on May 20, 2025

Santander, Suffolk BS, Century Capital, and Landbay slash mortgage rates

For first-time buyers, the 85% LTV two-year fixed rate with no fee and £250 cashback has been cut by 0.11% to 4.47%, a rate that Santander says is currently top of the market. In the remortgage space, the lender’s 60% LTV two-year fixed rate with no fee …

Source: Mortgage Professional Australia - Neutral
Published on May 20, 2025

Top Realtor In Wesley Chapel, FL, Demystifies Mortgage Options For New Homeowners

(MENAFN- GetNews) Wesley Chapel, FL - Understanding mortgage options is one of the biggest hurdles for first-time homebuyers, but Michelle Moreno, a trusted real estate agent in Wesley Chapel, FL , is helping simplify the process. With a wealth of …

Source: MENAFN - Indeterminate
Published on May 19, 2025

Why home equity loan and HELOC interest rates are different, according to experts

Lenders tend to offer differing rates for home equity loans and HELOCs — and there are a few drivers behind that trend. Getty Images As inflation eases in 2025 and the Federal Reserve keeps rates paused, the economic landscape has brought welcome news for …

Source: CBS News - Neutral
Published on May 19, 2025

Major mortgage lender makes big change that will let first-time buyers borrow up to £30k more

FIRST-TIME buyers have been given another boost after a fourth major lender slashed its affordability rules. Barclays has shaken up its mortgages, meaning buyers can borrow more. 1 Barclays is shaking up its mortgage affordability tests for buyers and …

Source: The Sun - Right-wing
Published on May 19, 2025

Mortgage Rates Rise Despite Cooling Inflation

WASHINGTON, D.C. — Mortgage rates increased slightly this week, with the 30-year fixed rate averaging 6.88 percent, up from 6.82 percent the previous week, according to Bankrate‘s latest lender survey. In detail, this week’s survey indicates that the …

Source: Times News Global - Pro-Government
Published on May 19, 2025

Another lender offers 100% mortgages for first-time buyers as it aims to help 'generation rent' who can't save a deposit

A new mortgage has been launched offering the chance to borrow 100 per cent of a property's value - the second such deal in less than a week. Little-known lender Gable Mortgages, which was founded in 2024, is providing home loans which don't …

Source: This Is Money - Neutral
Published on May 19, 2025

Today's Mortgage Rates | It Could be a While Before Rates Go Down

Federal Reserve officials have been hinting that it may be a while before they'll consider lowering the federal funds rate, which means mortgage rates may remain elevated for longer than expected. Mortgage rates are forecast to go down a bit this year, …

Source: Business Insider - Neutral
Published on May 19, 2025

Mortgage and refinance interest rates today, May 19, 2025: Rates decrease in the short term

Current mortgage interest rates are down. According to Zillow data, the average 30-year fixed mortgage rate has decreased by eight basis points to 6.77%, and the 15-year fixed interest rate has fallen by 10 basis points to 6.03%. In general, rates have …

Source: Yahoo Finance - Center-left
Published on May 19, 2025

Housing market sees modest price growth amid buyer slowdown

Its latest House Price Index revealed a slowdown in new buyer enquiries in April, following a busy start to the year and the increase in stamp duty in England. However, early May figures suggest a potential rebound in activity. Rightmove pointed to …

Source: Mortgage Professional Australia - Neutral

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Published on May 20, 2025 - 15:45 GMT

AI-Driven Conversational Luxury Real Estate B2B SaaS Startup to Debut at Vancouver BC Web Summit 2025

New PropTech player will demo a bold vision to redefine the luxury real estate sector with AI. See the patent-pending AI SaaS startup at Vancouver Web Summit SHERIDAN, WY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- A new player in the …

Distribution channels: Business & Economy, Companies ...
Published on May 20, 2025 - 13:33 GMT

Wash Patrol Featured in Redfin's National Real Estate Blog on Exterior House Cleaning

Wash Patrol earns national recognition in Redfin’s latest home maintenance article, highlighting expert tips for exterior cleaning in Arizona’s desert. PHOENIX, AZ, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Wash Patrol, Arizona’s premier …

Distribution channels: Real Estate & Property Management ...

Published on May 20, 2025 - 14:30 GMT

Cravey Real Estate Services’ John Foret Facilitates Major Industrial Sale in Victoria, Texas

CORPUS CHRISTI, TX, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Cravey Real Estate Services, Inc. is proud to announce that John Foret has successfully represented the seller, Ken Garner Manufacturing, in the sale of a major industrial …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 20, 2025 - 12:00 GMT

CHALICE CONNECT LAUNCHES REAL ESTATE AGENTS PERKS to DELIVER BENEFITS, DISCOUNTS, SAVINGS with GROUP HEALTH INSURANCE

AFFORDABLE GROUP HEALTH INSURANCE PROGRAM for REAL ESTATE AGENTS AND 100's of OTHER BENEFITS MELBOURNE, FL, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Chalice Connect, a leading B2B Marketplace software and digital marketplace …

Distribution channels: Business & Economy, Real Estate & Property Management ...

Published on May 20, 2025 - 11:34 GMT

Alex Rozwadowski Shares Expert Insights on Real Estate Pricing Strategies in 2025

Alex Rozwadowski shares 2025 pricing tips: avoid emotional pricing, use data, and create urgency. Smart strategy wins in today’s selective buyer market. COLUMBUS, GA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- As the real estate market …

Distribution channels: Real Estate & Property Management ...
Published on May 20, 2025 - 17:38 GMT

Gershman Mortgage Celebrates Scotsman Guide Recognition Across Branch Network

Branch Highlights Company’s Commitment to Service and Performance LINCOLN, NE, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Gershman Mortgage is proud to celebrate the recognition of 14 of its loan officers on the 2025 Scotsman Guide Top …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 20, 2025 - 16:15 GMT

U.S. Housing Market Signals Broader Correction—Michael Eisenga, CEO of First American Properties

COLUMBUS, Wis., May 20, 2025 (GLOBE NEWSWIRE) -- As of April 2025, the U.S. housing market is showing clear signs of a shift. According to national data, the total number of active homes for sale reached approximately 959,251—a sharp 30.6% increase …

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Published on May 20, 2025 - 16:00 GMT

Nebraska’s ERS Real Estate Group Brings $170M in Production and Big Vision to eXp Realty ERS juggernaut joins eXp Realty ...

BELLINGHAM, Wash., May 20, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the addition of ERS Real Estate Group, the …

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Published on May 20, 2025 - 22:34 GMT

Brooklyn Pros Launches Local Directory to Help Residents Find Trusted Home Service Providers

A new Brooklyn-based directory makes it easy to hire trusted plumbers, electricians, movers, and other home service professionals across Kings County. BROOKLYN, NY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Brooklyn residents and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 20, 2025 - 22:30 GMT

Off-Market Property Deals Gain Momentum as Investors Seek Strategic Edge in Tight Market

ESSENDON, MELBOURNE, AUSTRALIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- As Australia’s property market shifts under the weight of rising interest rates and tighter lending conditions, a growing number of investors are turning to off-market property …

Distribution channels: Business & Economy, Real Estate & Property Management ...
Published on May 20, 2025 - 22:30 GMT

‘One-Size-Fits-All’ Property Advice Is Failing Aussies, Says Wealth Strategist Helping Investors Win During a Crisis

PRESTON, VICTORIA, AUSTRALIA, May 21, 2025 /⁨EINPresswire.com⁩/ -- In a time when cookie-cutter property advice floods TikTok, podcasts, and get-rich-quick seminars, one Australian investor is calling BS. Goro Gupta, founder of Ethical Property …

Distribution channels: Real Estate & Property Management ...
Published on May 20, 2025 - 20:08 GMT

Champion Celebrates Over 15 Years of Service in Huntington Beach with Another Successful Garage Door Repair

Champion Garage Door completes another safe, professional garage door repair in Huntington Beach and Orange County, marking over 15 years of trusted service. HUNTINGTON BEACH, CA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Champion Garage …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 20, 2025 - 16:17 GMT

Lakefront Estate in Bay Harbor, MI to be Sold at Online Auction Beginning June 2nd

Previously listed for $7.9M, this luxurious estate with 200 ft of Lake Michigan frontage will be sold via Interluxe Auctions with a starting bid of $2.5M. BAY HARBOR, MI, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Interluxe Auctions, the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 20, 2025 - 15:52 GMT

Seasons Property Maintenance Expands Professional Property Care Services Across Sonoma County

Locally owned Seasons Property Maintenance offers full-service lawn care, exterior cleaning, and property upkeep for homes and businesses in Sonoma County. SANTA ROSA, CA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Seasons Property Maintenance, …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 20, 2025 - 15:47 GMT

Capstone Gutter Cleaning Launches Updated Website for Tri-Cities Customers

Coquitlam’s trusted gutter experts unveil a user-friendly website, making booking and service info easier than ever. COQUITLAM, BRITISH COLUMBIA, CANADA, May 20, 2025 /⁨EINPresswire.com⁩/ -- Capstone Gutter Cleaning, a leading provider of …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 20, 2025 - 15:45 GMT

AI-Driven Conversational Luxury Real Estate B2B SaaS Startup to Debut at Vancouver BC Web Summit 2025

New PropTech player will demo a bold vision to redefine the luxury real estate sector with AI. See the patent-pending AI SaaS startup at Vancouver Web Summit SHERIDAN, WY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- A new player in the …

Distribution channels: Business & Economy, Companies ...
Published on May 20, 2025 - 15:43 GMT

Scalish Construction Debuts Lakewood Trinity Block

Shops, Markets, Greenspace, and Events Open to the Public LAKEWOOD , OH, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Scalish Construction today announced the public debut of Lakewood’s historic Trinity Block on Sunday, June 29, beginning …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on May 20, 2025 - 14:23 GMT

Excel Dryer, Inc. awarded for elevating restrooms with original art

Recognition from Architectural Products focuses on hand dryers with custom covers featuring the work of local teenagers EAST LONGMEADOW, MA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Excel Dryer, Inc., was recognized as a winner of the …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on May 20, 2025 - 13:46 GMT

Capital Moving & Storage Expands into Triad Region of North Carolina

Capital Moving & Storage expands to the Triad, bringing trusted service and a people-first approach to Greensboro, Winston-Salem, and High Point. GREENSBORO, NC, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Capital Moving & Storage, …

Distribution channels: Building & Construction Industry, Companies ...
Published on May 20, 2025 - 13:30 GMT

Level 3 Construction Awarded $5.8-Million Contract from MirKa Investments to Build Affordable Housing in Carlsbad, CA

Company to Deliver 19 Affordable Housing Units to Address Regional Housing Crisis VISTA, CA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Level 3 Construction, Inc., a leading general contractor specializing in the ground-up construction and …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 20, 2025 - 13:15 GMT

AmericasSuretyBonds.com Launches Free FedEx 2-Day Shipping for Paper-Issued Bonds

CLEVELAND, OH, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- To improve the reliability of document delivery for clients facing legal and compliance deadlines, AmericasSuretyBonds.com has launched a new policy offering free FedEx 2-Day …

Distribution channels: Agriculture, Farming & Forestry Industry, Building & Construction Industry ...
Published on May 20, 2025 - 13:00 GMT

Scott Andrews of Melvin Mark Recently Featured on Close Up Radio

PORTLAND, OR, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Melvin Mark, a real estate brokerage firm deeply embedded in Portland’s community and growth, is pleased to announce the celebration of Scott Andrews’ remarkable 46-year tenure. As a …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on May 20, 2025 - 13:00 GMT

Chapter Welcomes Dorothy Weise as Interior Design Department Lead

Weise’s Appointment Further Strengthens Chapter’s Mission to Deliver Personalized Renovations and Elevated Design Standards NEW YORK, NY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Chapter, a full-service design-build firm focused on …

Distribution channels: Building & Construction Industry, Consumer Goods ...
Published on May 20, 2025 - 12:57 GMT

2 Homes on .70± Acre N. King St. Double Lot in Downtown Leesburg, VA set for Auction Announces Nicholls Auction Mktg

3BR/1BA Home & 3BR/2BA Home on .7± Acre N. King St. Double Lot in Historic Downtown Leesburg, VA selling to the highest bidder announces Nicholls Auction Mktg. FREDERICKSBURG, VA, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 20, 2025 - 12:30 GMT

Corporate Deal-Maker Larry Morgan announces New Book: 'The Closer' featuring High-Powered Sales Success Secrets

Sales Legend Larry Morgan announces New Self-Help Memoir “The Closer” that provides a Masterclass in Persuasion and Professional Growth JACKSON HOLE, WY, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Corporate Deal-Maker, Top Real Estate …

Distribution channels: Book Publishing Industry, Business & Economy ...
Published on May 20, 2025 - 12:30 GMT

Kingfish Bay Development in Calabash, NC Wins Best Outdoor Living Home in 2025 Wilmington-Cape Fear Parade of Homes

Kingfish Bay Development was awarded Best Outdoor Living Home and received Silver in the Detached Homes category, both in the $840,000–$870,000 price range. CALABASH, NC, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Kingfish Bay Development …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 20, 2025 - 12:28 GMT

Las Vegas Garage Door Company Launches Emergency Help Program to Protect Seniors from Repair Scams

Infinity Garage Door Repair launches free emergency service program for seniors & veterans to combat scams in the Las Vegas Valley. LAS VEGAS, NV, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- Infinity Garage Door Repair, the top-rated, family- …

Distribution channels: Building & Construction Industry, Emergency Services ...
Published on May 20, 2025 - 12:00 GMT

O'Connor discusses the Illinois equalization

Understanding Illinois equalization. CHICAGO, IL, UNITED STATES, May 20, 2025 /⁨EINPresswire.com⁩/ -- For individuals paying property taxes in Illinois, or those seeking to understand them, one of the most complex and often misunderstood aspects …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...