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30-year fixed mortgage rates have reported their biggest drop in just over a year, according to a Freddie Mac statement. The average for 30-year, fixed loans was 6.35%, down from 6.5% last week. Meanwhile, the average 15-year fixed mortgage rate is now 5.55%. JUST IN: 30-year fixed mortgage rates records biggest drop in a year. — Watcher.Guru (@WatcherGuru) September 11, 2025 “The 30-year fixed-rate mortgage fell 15 basis points from last week, the largest weekly drop in the past year,” Sam Khater, Freddie Mac’s chief economist, said in a release. “Mortgage rates are headed in the right direction and homebuyers have noticed, as purchase applications reached the highest year-over-year growth rate in more than four years.” Today’s economic indicators of growing inflation, mixed with rising jobless claims and shrinking Treasury yields could put interest rates in a holding pattern in the near-term. The average 30-year fixed rate mortgage (FRM) hit a record weekly low of 2.65% on Jan....

The Securities and Exchange Commission (SEC) has filed a complaint against Drive Planning, LLC, and Russell Burkhalter accusing them of operating a real estate Ponzi scheme in which funds were misappropriated to Coinbase, and used to buy a yacht and a private jet.  Drive Planning allegedly sold unregistered securities to investors, promising they could earn a 10% return in just three months. These returns were supposed to be generated by providing bridge loans to or entering into joint ventures with real estate developers. Strangely, the website for this scheme didn’t just promise incredible financial returns; it actually promised “to guide you towards being Relationally Rich, Physically Fit and Financially Free.”  In total, investors invested more than $372 million in the scheme, and it currently owes $287 million to investors.  Unfortunately for them, however, Drive Planning didn’t have a way to actually deliver these returns, instead allegedly paying the...

The study reveals that blockchain technology is well-positioned to take over more than 50% of the entire leasing and sale process across commercial real estate. Solutions built around blockchain technology offer several upfront benefits, including a censorship-resistant, irreversible distributed ledger. Deloitte’s study revealed blockchain’s position as a perfect fit for real estate use cases around leasing and selling. Blockchain innovations often outdo traditional systems by not only digitizing information but also introducing a near real-time trustless environment, among other features. Big Four accounting firm Deloitte uncovered six opportunities for blockchain to disrupt the commercial real estate (CRE) industry. The above infographic highlights six key pain points for CRE owners when leasing and selling their properties and maintaining complex transaction data. With this in the backdrop, Deloitte noted six opportunities for blockchain to serve the industry, which include improvi...