William Raveis acquires Nantucket-based Jordan Real Estate

Leading real estate brokerage William Raveis is making another game-changing acquisition before the new year. This week, the firm announced the acquisition of Nantucket, Massachussetts-based brokerage Jordan Real Estate (JRE).The financial terms of the deal were not disclosed. William Raveis — a top

MBA floats idea for new Ginnie Mae mortgage securitization product

The Mortgage Bankers Association (MBA) on Thursday published a proposal for Ginnie Mae to develop a new mortgage securitization product. The association said it would boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. economy.T

Boston Surprisingly Has an Abundance of Starter Homes Under $550K—Along With These Markets

Getty Images (3)If you’re a first-time homebuyer looking to start your search in the new year, you might be surprised to learn that the Boston metro area is one you want to watch.While the city’s median list price of $949,000 ($879 per square foot) might scare off any but the ultrahigh net worth pur

Mortgage Rates Drop to 6.6% as a ‘Balanced’ Market Comes Into View for 2025

Realtor.com; Getty Images (1)Mortgage rates fell from 6.69% last week to 6.6% for a 30-year fixed home loan for the week ending Dec. 12, according to Freddie Mac.“The 30-year fixed-rate mortgage decreased for the third consecutive week,” said Sam Khater, Freddie Mac’s chief economist, in a statement