Mortgage Payments Just Got Cheaper for Home Buyers

Newsweek, Aug. 15, 2024-Omar MohammedThe monthly payments new buyers will have to pay for their home loans has dropped to its lowest in more than a year, real estate platform …

Mortgage Delinquencies Rise in Q2 2024

MPA, Aug. 16, 2024-Jonalyn CuetoThe Mortgage Bankers Association (MBA) has released its National Delinquency Survey for the second quarter of 2024, revealing a notable increase in mortgage delinquencies.Click here for …

Climate Disasters Are an Affordable Housing Problem

Bloomberg News, Aug. 16, 2024-Juan Pablo Garnham and Arjuna HeimWhen Maui was devastated by wildfires in August 2023, some residents were initially fortunate. The neighborhood of Makawao, for example, was …

The Latest Housing Starts Data Is Mostly Bad News

HousingWire, Aug. 16, 2024-Brooklee HanHousing completions were yet again the only bright spot in housing starts data released Friday by the U.S. Census Bureau and the U.S. Department of Housing …

Refinance Applications Jump 35% as Rate Drop Encourages Homeowners

Orange County Register, Aug. 15, 2024–Jeff LazersonMortgage rates dipped for the second week in a row, according to the Mortgage Bankers Association, stirring an avalanche of refinance borrowers.Refinance applications jumped …

In a Surprise, Mortgage Rates Rose This Week

National Mortgage News, Aug. 15, 2024-Brad FinkelsteinIn a surprise, the Freddie Mac Primary Mortgage Market Survey found the 30-year fixed rate mortgage increased by 2 basis points this week, bucking …

New York Exemplifies the New Definition of Office Oversupply

Globe St., Aug. 15, 2024-Erik ShermanThe typical current analysis of office space revolves around average occupancy rates driven by work-from-home. A more accurate analysis, a report from Savills earlier this …