Home Equity Lending News, Jan. 14, 2025Cash proceeds extracted from home equity find their way into the U.S. economy, stimulating activity and contributing to growth. But when real estate values …
Category: Top National News
Wildfires Prompt Reckoning for Homeowners Insurance Costs
National Mortgage News, January 14, 2025-Andrew MartinezThe devastating fires in Los Angeles could deliver a “substantial correction” to Californians’ property insurance bills.Click here for more (subscription)
Oh, That Sinking Feeling: The Subsidence of Multifamily
Multi-Housing News, January 13, 2025-Lew SichelmanMultifamily communities in major cities along the Atlantic Coast are subject to sinking. Columnist Lew Sichelman explores what the impacts might be.Click here for more
LA Wildfires Likely to Slow Down Mortgage Trades
National Mortgage News, Jan. 14, 2025-Brad FinkelsteinThe wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of …
Housing Market Shift: 9 States Where Housing Inventory is Giving Buyers More Power
Fortune magazine, Jan. 12, 2025-Lance LambertNine states are back above pre-pandemic housing inventory levels, according to ResiClub’s monthly housing inventory report.Click here for more
Biggest US Banks Ready Mortgage Relief for Victims of Los Angeles Wildfires
Reuters, January 13, 2025-Niket Nishant, Saeed AzharJPMorgan Chase and Bank of America are preparing to ease mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple …
Jobs Report Fuels Treasury Yield Surge as Markets Brace for 5% Threshold
Reuters, January 13, 2025-Davide BarbusciaA recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for …
California Suspends Some Permitting Rules in Wake of Wildfires
National Mortgage News, January 13, 2025-Spencer LeeWhile wildfires rage in the Los Angeles area, California’s governor has issued several executive orders aimed at expediting rebuilding in affected communities.Click here for …
Housing Demand Positive, But at Risk from Higher Mortgage Rates
HousingWire, January 11, 2025-Logan MohtashamiOur weekly pending contract data is still positive year over year, but only by 1%, as demand growth has slowed amid higher mortgage rates. What does …
Rumors Aside, Mortgage License Renewals Pacing With 2024
National Mortgage News, January 13, 2025-Maria VolkovaMortgage loan officers are renewing their origination license for 2025 at a comparable pace to last year, contradicting social media chatter within the home …