MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie

Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of h

Jennifer Lopez Reveals She’s Still Living at $60 Million Mansion She Bought With Ben Affleck—Despite Buying New $17.5 Million Estate

Pop star Jennifer Lopez may well have walked away from her marriage to Ben Affleck for good—but there's one piece of their failed relationship that she seems very reluctant to let go of: the former couple's lavish $60 million Beverly Hills mansion. Images posted by the actress and singer on her Inst

Mortgage Calculator: Here’s How Much You Need To Buy a $429,990 Home at a 6.35% Rate

Mortgage rates this week for a 30-year fixed loan decreased to 6.35%, down from 6.5% last week. The median price of a home has also decreased nationally, down to $429,990, a 2.2% month-over-month drop. So what effect does this have on your monthly mortgage payment? And what does this mean for homebu

Cities Across the World Where Luxury Developments Are Booming

Luxury is moving beyond the mainstream cities where upscale designers sit on avenues, creating a shopper's haven for locals and tourists. Five global destinations are emerging as new chapters in the high-end residential luxury market, according to a new report. U.K.-based global real estate consulta