Marketplace, Sept. 23, 2024-Amy ScottAssumable mortgages were popular back in the early 1980s when mortgage interest rates shot up as high as 18%. They fell out of favor when rates …
Category: Top National News
Argentina Scrapped Its Rent Controls. Now the Market Is Thriving.
Wall Street Journal, Sept. 24, 2024-Ryan Dubé and Silvina FrydlewskyFor years, Argentina imposed one of the world’s strictest rent-control laws. It was meant to keep homes such as the stately …
America Needs to ‘Build, Baby, Build’ to Fix the Housing Crisis, Moody’s Says
Fortune, September 23, 2024-Alena BotrosSupply is the crux of housing woes—we’re missing millions of homes. Mortgage rates matter, too, but not nearly enough. A Moody’s economist, Nick Villa, has said …
Why Jerome Powell Says the Fed Alone Can’t Fix the Broken Housing Market
Fast Company, Sept. 23, 2024-Lance LambertSpeaking to reporters last week, following the announcement of the start of the rate-cutting cycle, Fed Chair Jerome Powell stressed that while normalizing inflation and …
As Housing Inventory Ticks Up, How Does That Impact Home Prices?
Marketplace, Sept. 23, 2024-Justin HoRecent data have shown that housing inventory has finally started to tick up for both new and existing homes. But will that have an impact on …
Will FHFA IG’s Report Lead to a Flood Insurance Crackdown?
National Mortgage News, September 20, 2024–Bonnie SinnockThe regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at the recommendation of its …
The Rate Cut Won’t Save These Real Estate Owners
Wall Street Journal, Sept. 23, 2024–Will ParkerMany commercial-property owners borrowed too much when rates were super cheap and are struggling to hold on to assets they need to refinance.Click here …
Lazerson: Rate Cut Means Home Prices Will Moderate as Inventory Rises
Orange County Register, September 19, 2024–Jeff LazersonSorry, house hunters, the recent rate cut by the Federal Reserve won’t move the housing market much.Click here for more
Slowing Price Growth Might Not Move Home Sales
National Mortgage News, Sept. 20, 2024-Riley EdenbeckAnnual home price growth continued inching toward historical norms in August, but that still might not result in more purchase transactions.Click here for more …
What’s Minneapolis’ Secret to Fixing Housing? Build More
NBC News, Sept. 20, 2024-Brian CheungIt’s hard to find an affordable home in the United States these days. Even though the average 30-year fixed mortgage is down about a full …