Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a seasonally adjusted basis, per the Mortgage Bankers Association‘s (MBA) weekly mortgage applications survey. “Co

Last month, DataDigest explored market experts’ expectations for 2024, with the consensus calling for a moderately better housing market than 2023.But a meeting of the Federal Open Market Committee the following week set off a market frenzy over expectations of interest rate cuts, moving mortgage ra

Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 billion, the company announced last week. Blackstone entered an agreement to acquire all outstanding common shares of Tricon, with a price tag of $11.25 per common share. The proposed transaction com

A large portion of Florida’s economy relies on tourism, especially as major Orlando-area theme parks including Universal Studios Florida and Walt Disney World.But the parks — which employ an estimated 110,000 people collectively — are also facing headwinds due to their employees’ struggles to afford