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 …
Category: Top National News
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, …
Don’t Bet on a Rapid Drop in Mortgage Rates
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 mortgage …
World’s Largest 3D-Printed Neighborhood Nears Completion in Texas
Reuters, Aug. 8, 2024-Evan GarciaAs with any desktop 3D printer, the Vulcan printer pipes layer by layer to build an object – except this printer is more than 45 feet …