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U.S. mortgage rates fall to lowest level in a year
The average 30-year mortgage rate dropped to 6.17%, its lowest in over a year, boosting refinancing and homebuying demand.
Modular housing manufacturer to hire 89 in Southwest Virginia
A modular housing production facility that will create 89 jobs within five years will soon come to Russell County.
Historical Roanoke bank to reopen as music hall, hotel and restaurant
The First National Exchange Bank building in Roanoke is about to start a second life housing a boutique hotel, restaurant and 1,200-capacity venue.
Average long-term US mortgage rate drops to 6.19%, lowest level in more than a year
The average 30-year mortgage rate dropped to 6.19%, its lowest since October 2024, as inflation and Fed policy ease pressure.
Firms compete for plan to reimagine Fort Monroe
The Fort Monroe Authority plans to develop a Landscape Action Plan that will steer the future of the more than 560-acre site in Hampton.
Northern Virginia sees return to office spike
Avison Young reported that office attendance in Northern Virginia reached 64.8% of pre-pandemic levels in August.
Virginia sees home sales rise in major markets
Home sales rose year-over-year in Northern Virginia, Central Virginia and Hampton Roads in September, a sign of a stable market.
US mortgage rates dip to near yearly low at 6.27%
The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.
NVR may relocate Reston headquarters
NVR, one of the nation’s largest homebuilders, may move its Reston headquarters to 1910 Oracle Way after signing a new lease.
Virginia Beach considers another sports venue on Oceanfront
Virginia Beach wants another major sports venue near the Oceanfront and is asking developers to pitch ideas on how to proceed.
Salem book distribution center sells for $11.55M
A 170,000-square-foot Salem warehouse leased by ReaderLink sold for $11.55 million to Thalhimer Realty Partners.
30-year US mortgage rate falls to 6.3% lowest in a year
The average rate on a 30-year U.S. mortgage edged lower this week, returning to its lowest level in about a year. The average long-term mortgage rate slipped to 6.3% from 6.34% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.32%. The modest drop brings the average rate back to […]
