HousingWire, Feb. 13, 2025-Chris ClowHealth care information and caregiving marketplace website Care.com published an article that examines several “practical” ways that someone could choose to finance their long-term care (LTC) …
Category: Top National News
Fannie Mae’s Mortgage Acquisition Volume Rose in 2024, but Profits Shrank Slightly
HousingWire, Feb. 14, 2025-Sarah WolakOn Friday, Fannie Mae reported $17 billion in net income in 2024, down slightly from its $17.4 billion profit in 2023. The government-sponsored enterprise (GSE) had …
Homeowners Can Tap up to $50,000 With Down-Payment Grant
Orange County Register, February 13, 2025-Jeff LazersonA motherlode of down payment assistance programs is available for California homebuyers. I’ve counted 347 programs, to be exact.Click here for more
Wire Fraud Losses Are Mounting
National Mortgage Professional, Feb 13, 2025-Lew SichelmanFirst-time homebuyers are especially at risk for wire fraud, report finds. Mortgage companies are also likely to be impersonated by scam artists. One third …
Small Warehouses Are Getting Harder to Find
The Wall Street Journal, Feb. 13, 2025-Liz YoungHalf Price Books has been looking for a new warehouse in the Minneapolis-St. Paul region for more than a year with no luck. …
As Buyers Fail to Show Up, More Homes Are Being Pulled From Sale
The Wall Street Journal, Feb. 13, 2025-Carol RyanAn uptick in December delistings is the latest sign of dysfunction in America’s housing market.Click here for more (subscription)
More Homes Selling Below Asking Price – Biggest Discounts in Two Years
MPA, Feb. 13, 2025-Candyd MendozaFor the first time in nearly two years, homebuyers are negotiating larger price reductions as homes sell for below asking price in many US markets.Click here …
Mortgage Rates Reach 2025 Low Despite Inflation Surge
National Mortgage News, Feb. 13, 2025-Spencer LeeEven as hotter-than-expected inflation pushed up Treasury yields, average mortgage rates came in lower for a fourth straight week, Freddie Mac said.Click here for …
What Three Indicators Say About Where the U.S. Commercial Real Estate Market Ended 2024
Urban Land magazine, February 13, 2025-Brett WidnessTwo of the three leading indicators for U.S. commercial real estate ended 2024 on an upbeat note, particularly on the lending and construction phase.Click …
Watch: How New Orleans Is Trying to Save Its Homes From Flooding
CNBC, Feb. 12, 2025Hurricane Katrina killed over 1,800 people and flooded many homes in New Orleans. In the aftermath, a quarter of the city’s housing stock was abandoned. The U.S. …