U.S. mortgage rates tumbled this week, posting their largest weekly decline in more than a year and providing a boost to prospective homebuyers.
U.S. foreclosure activity climbed again in August 2025, marking the sixth consecutive month of annual increases, as high borrowing costs and stretched household finances begin to weigh more heavily on homeowners.
Miami-based World Property Ventures, a global proptech venture firm operating at the intersection of Main Street real estate, Wall Street finance, Silicon Valley innovation, and DARPA-grade disruption, announced this week a new digital investment bank aimed at transforming global real estate capital markets.
The U.S. homeownership rate for Black households dropped to 43.9% in the second quarter, its lowest level since late 2021, according to new data from Redfin. That's down from 45.3% a year earlier, marking the steepest annual decline since the third quarter of 2021.
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