Mortgage Professional America, Dec. 13, 2019–Candyd Mendoza The volume of mortgage loan applications rose as the 30-year fixed mortgage rate remained under 4% for the fourth consecutive week, according to …
Category: Top National News
Getting a Granny Flat Loan is Easy Peasy
Orange County Register (Calif.), Dec. 12, 2019–Jeff Lazerson Both Fannie Mae and Freddie Mac have mortgage programs to finance construction of an “accessory dwelling unit.”
Mortgage Rates Went Up Again This Week–Will They Hit a Ceiling?
MarketWatch, Dec. 12, 2019–Jacob PassyMortgage rates have slowly risen over the last three months–albeit with some weekly declines from time to time. But if the mortgage market continues on this …
Safeway Owner, Rival Grocers Bet on Smaller Warehouses (subscription)
Wall Street Journal, Dec. 12, 2019–Jaewon KangFood retailers are making big bets on small warehouses to bulk up their growing delivery businesses, as supermarkets try different approaches to get groceries …
The Hottest Housing Markets of 2020 are Far From the Coasts
MarketWatch, Dec. 12, 2019–Jacob PassyForget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade.https://www.marketwatch.com/story/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12?
ECB Keeps Rates Steady as Christine Lagarde Makes Debut (subscription)
Wall Street Journal, Dec. 12, 2019–Tom FairlessThe European Central Bank joined the Federal Reserve in pausing a global wave of monetary easing, reacting to early signs that the world economy …
Trade Between U.S. and Latin American Countries is Boosting Industrial Real Estate
Miami Herald, Dec. 11, 2019–Rebecca San JuanTrade between Latin American countries and the United States is shaping south Florida’s industrial market.https://www.miamiherald.com/news/business/real-estate-news/article238233169.html
Inside the Top Apartment Trends of 2020
GlobeSt.com, Dec. 11, 2019–Kelsi Maree Borland Emerging technologies will be among the top trends for apartments in 2020. Renters continue to crave convenience through technology, and the demand is fueling …
2019: The Year the Federal Reserve Admitted It Was Wrong
Washington Post, Dec. 11, 2019–Heather Long The Federal Reserve and its leaders have done something unusual in 2019 for central bankers. They admitted they were wrong in their short-term and …
Refinance Boom Pushes Weekly Mortgage Applications Higher
CNBC, Dec. 11, 2019–Diana OlickRefinance volume drove total mortgage application activity 3.8 percent higher last week, according to the Mortgage Bankers Association.https://www.cnbc.com/2019/12/11/refinance-boom-pushes-weekly-mortgage-applications-higher.html