News

Mortgage rates sink to record lows for 8th straight week

The average rate on a 30-year fixed mortgage fell this week to a record low for the seventh time in eight consecutive weeks , according to the latest data released Thursday by Freddie Mac.

Principal Real Estate Investors hires new marketing director

Principal Real Estate Investors, a U.S. institutional real estate manager, announced Thursday the employment of Michelle Fang as its new marketing director.

Brazil makes it easier to get a loan

Banks in Brazil are competing for a larger share of the fast growing mortgage lending market in a bid to boost loans as the slowing economy lowers demand for consumer loans.