Newsweek, Aug. 8, 2024-Matthew ImeplliHomeowner mortgage refinance applications increased by nearly 60% this past week, new data shows.Click here for more
Category: Top National News
Mortgage Rates Drop to 15-Month Low
The Wall Street Journal, Aug. 8, 2024-Gina Heeb and Nicole FriedmanMortgage rates fell to the lowest level in more than a year, raising hopes for relief in the battered U.S. …
Mortgage Lock-Ins Cost US Economy $20 Billion in One Year
Bloomberg News, Aug. 8, 2024-Scott CarpenterAs millions of homeowners choose to stay put in their current homes rather than take out new, more expensive mortgages, the costs to the US …
Maintenance Issues Drive Negative Renter Sentiment
Multi-Housing News, Aug. 7, 2024–Lew SichelmanWhen it comes to attracting new residents, nothing is more important than the quality of a multifamily property’s on-site leasing personnel. But when it comes …
Mortgage Rates Are Down. The Housing Market is Still Moribund.
Axios, Aug. 7, 2024-Emily PeckThe rate on the 30-year-fixed mortgage is at 6.55%, the lowest since May 2023, per data out Wednesday morning from the Mortgage Bankers Association.Click here for …
Left Behind in the Retail Real-Estate Comeback: Department Stores
The Wall Street Journal, Aug. 6, 2024-Kate KingThe owners of the shopping center at Legacy West considered adding a department store to attract visitors and luxury retailers to their mixed-use …
Real Estate Investors Have a ‘Cautiously Optimistic’ Outlook: Survey
HousingWire, Aug. 7, 2024-Neil PiersonSingle-family rental (SFR) investors are worried about the rising cost of home insurance, but the majority expect to buy more properties in the next year as …
Refi Activity Picks Up to Highest Level in Two Years
HousingWire, Aug. 7, 2024-Flávia Furlan NunesRefinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by …
Some Home Buyers Holding Off on Purchases Until After Election
National Mortgage News, Aug. 7, 2024—-Spencer LeeMore than one-third of prospective home buyers said they will wait for election season to pass before moving on with a purchase, a recent …
Mortgage Execs on Alert Mode for Lower Rates — And Their Side Effects
HousingWire, Aug. 6, 2024–Flávia Furlan NunesLower rates mean lower values for servicing portfolios, which can impact financial performance if a lender hasn’t taken protective measuresClick here for more