HousingWire, Oct. 1, 2024-Chris ClowFederal Housing Administration (FHA) Commissioner Julia Gordon offered her insights on the agency’s Home Equity Conversion Mortgage (HECM) program at this year’s National Reverse Mortgage Lenders …
Category: Top National News
Even High Earners Find Homeownership Difficult in These U.S. Cities
MPA, Oct. 2, 2024-Candyd MendozaDespite some improvements in affordability, there are still some cities where young buyers need six-figure salaries to afford a home due to high property prices, mortgage …
Homebuyers Are Finally Returning to the Market
Quartz, Oct. 2, 2024-Rocio FabbroMortgage rates ticked up slightly for the first time in months last week, cooling off hot demand for refinancing. But demand for purchase applications — mortgages …
Red-Hot Refinance Demand Retreats After Tiny Bump Higher in Mortgage Rates
CNBC, Oct. 2, 2024-Diana OlickMortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot …
Build-to-Rent Is Losing Its Pricing Edge
Multi-Housing News, October 1, 2024–Lew SichelmanA new research report by Parcl Labs challenges the popular belief that build-to-rent single-family homes command higher rent prices than scattered site properties.Click here for …
CEOs You Should Know: MBA President and CEO Robert Broeksmit, CMB
CEOs You Should Know podcast, Oct. 1, 2024–Dennis GlasgowMBA President and CEO Robert Broeksmit, CMB, joined Dennis Glasgow on iHeartRadio’s CEOs You Should Know Podcast to share his origin story, …
JPMorgan Plans to Open Around 100 New Branches in Low-Income Areas
Wall Street Journal, Oct. 2, 2024–Alexander SaeedyJamie Dimon has a plan to help some of the poorest people in America: build more Chase branches in their towns and cities.Click here …
Commercial Real Estate’s Wall of Maturities
Urban Land magazine. September 30, 2024–Brian BaileyOver the last 18 months, commercial real estate loans have been maturing at a torrid rate, in a rapidly evolving marketplace. Although economic growth …
IMB Summit: Bob Broeksmit Mulls Election Impacts on Mortgage Rates, Regulations
HousingWire, October 1, 2024–Flávia Furlan NunesWhichever candidate — Kamala Harris or Donald Trump — wins the 2024 presidential election will not have a significant impact on the path of interest …
U.S. Construction Spending Falls in August on Single-Family Homebuilding
Reuters, October 1, 2024–Lucia MutikaniU.S. construction spending unexpectedly fell in August amid a sharp drop in outlays on single-family housing projects, but declining borrowing costs could stimulate activity in the …