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Aptly-named ‘House of Flowers’ is an idyllic $12.5M Spanish Revival with a 55-foot pool in L.A.’s Mandeville Canyon

Architectural treasures don’t hit the Los Angeles market every day — especially ones with the pedigree of La Casa De Flores (House of Flowers), a 1929 Spanish Revival designed by celebrated architect John Byers. Tucked away in Lower Mandeville Canyon, this historic home is making its first splash on the market in years, and it comes with a $12.49 million price tag. Byers, whose work helped...

Actor Jason Schwartzman lists redesigned 1926 Tudor-style cottage in Toluca Lake for $1.8M

Jason Schwartzman, the actor known for Rushmore, The Darjeeling Limited, and HBO’s Bored to Death, as well as playing Gideon Graves in the Scott Pilgrim movies, is parting ways with his Toluca Lake home. The 1926 Tudor-style cottage, which he has carefully updated while keeping much of its original charm, just hit the market for $1.8 million. The four-bedroom, three-bathroom residence sits on a...

U.S. Commercial Mortgage Delinquencies Rise in Q2, CMBS Loans Lead the Surge

Delinquencies on U.S. commercial mortgages climbed in the second quarter of 2025, with commercial mortgage-backed securities (CMBS) experiencing the sharpest increase, according to the Mortgage Bankers Association's (MBA) latest Commercial Delinquency Report. "The delinquency rate for commercial mortgages increased across most major capital sources in Q2," said Reggie Booker, MBA's Associate Vice President...

Lisa Cook loan docs listing ‘vacation home’ seem to undermine mortgage fraud claims

Mortgage documents have been at the center of an effort by President Donald Trump to fire Fed Governor Lisa Cook over alleged mortgage fraud, but a loan estimate from 2021, first seen and reported by Reuters on Friday, seems to undermine those allegations. The loan estimate for an Atlanta condo Cook bought in 2021 shows that Cook declared the property a “vacation home,” not a primary residence,...

Have Fed rate cuts already been priced into mortgage rates?

Last week, mortgage rates hit a new low for 2025, as the labor market proved more critical to the bond market than inflation. The big question is: what will happen after the Fed cuts rates this week? Last year at this time, mortgage rates hit a yearly low of nearly 6% and the Fed cut rates — only to see mortgage rates shoot back up to 7.25%. Will this happen again? Let’s dive into the answer with...

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