National Mortgage News, Aug. 12, 2024-Brad FinkelsteinRefinance volume made up 17% of rate locks in July, the most activity in nearly two years, according to Optimal Blue, but early August …
Category: Top National News
Housing Market Has Gotten Better for Buyers in Two Ways
Newsweek, Aug. 12, 2024-Omar MohammedA decline in mortgage rates and a drop in house prices is giving buyers a potential path to securing path to homeownership after months where the …
It Was a Hot Real Estate Trade. Now Investors Are Worried.
The New York Times, Aug. 12, 2024-Maureen FarrellGiven the opportunity to park money with the world’s largest private equity firms, ordinary investors rushed in. Getting out might not be so …
Boomers Buying Houses Had It Bad in the ’80s. Millennials Have It Worse.
Wall Street Journal, Aug. 12, 2024–Nicole FriedmanToday’s housing market is the most difficult in decades, a great frustration for millennials and Gen Zers looking for a starter home. Baby boomers …
Texas’ Housing Market Hits Troubling Milestone as Inventory Triples
Newsweek, Aug. 9, 2024-Giulia CarbonaroHousing inventory levels across Texas have reached the highest level since at least 2017, according to market expert Nick Gerli, a record which he suggests will …
Don’t Bet on a Rapid Drop in Mortgage Rates
The Wall Street Journal, Aug. 9, 2024-Telis DemosBad news for the stock market can be good news for home borrowers. But the bottom probably isn’t going to fall out for …
HUD Removes Hurdle to Rental Aid for Some Disabled Veterans
National Mortgage News, Aug. 8, 2024-Bonnie SinnockThe Department of Housing and Urban Development has announced plans to change federal policy in order to address a hurdle to rental housing assistance …
As Mortgage Rate Tumbles, Will Buyers Rush In? Not So Fast, They Say
Orange County Register, Aug. 8, 2024–Jeff LazersonThe Freddie Mac 30-year fixed rate fell Aug. 7 to 6.47%, its lowest level since May 2023. The mortgage rate roll down started with …
Private MI Companies Gain Share in Second Quarter
Inside Mortgage Finance, Aug. 9, 2024–John BancroftRadian Guaranty ranked first among private MIs in new insurance written, posting a 20.5% increase to $13.89 billion in the second quarter.Click here for …
Why Do Mortgage Rates Move When the Fed Keeps Interest Rates Stable?
Marketplace.org, Aug. 8, 2024–Henry EppFor the past year, the interest rate set by the Federal Reserve — the federal funds rate — has stayed the same. At the same time, …