The Street, Aug. 6, 2024–Charley BlaineNot everyone cares about what happens in the stock markets. If, however, you’re trying to buy or sell a home, the market turmoil that erupted …
Category: Top National News
These States Have the Most Expensive Student Housing
Globe St., Aug. 6, 2024-Kristen SmithbergWith an average effective rent of $2,500 per bed per month, New York ranks as the most expensive state in the country for student housing, …
More Americans Are Tapping Home Equity Credit Lines, NY Fed Says
Bloomberg News, Aug. 6, 2024-Jonnelle Marte and Alexandre TanziAmericans who want to tap the rising equity of their homes without giving up their low mortgage rates are increasingly turning to …
Will Homebuyers Jump at Cheaper Mortgage Rates?
HousingWire, Aug. 6, 2024-Tracey VeltMortgage rates are dropping fast. Will potential homebuyers jump at newly cheaper payments? Or, will they wait to see if rates drop further before taking action?Click …
New Homes Are Getting Smaller. That Could Be Big News for First-Time Buyers
CNN, Aug. 5, 2024-Samantha DelouyaAfter years of saving, Jordyn Carias and her partner purchased a home for the first time last month. To find a place that didn’t break the …
Mortgage Rates Plunge to Lowest Level in Over a Year Amid Recession Fears. Is Now a Good Time to Buy a House?
Marketwatch, Aug. 5, 2024–Aarthi SwaminathanMortgage rates have plunged to their lowest level in over a year. But with fears of a recession mounting, is it a good time to buy …
US Bond Yield Drop Suggests Lower Mortgage Rates May be Coming
Reuters, Aug. 5, 2024—-Makailah GauseThe financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall …
Fannie, Freddie Are Poised to Tighten Real-Estate Lending Rules
The Wall Street Journal, Aug 5. 2024-Gina HeebFannie Mae and Freddie Mac are preparing to impose stricter rules for commercial-property lenders and brokers, following a budding regulatory crackdown on fraud …
MBA Slams CFPB’s Focus on Closing Costs as Misguided
MPA, Aug. 5, 2024-Candyd MendozaThe Mortgage Bankers Association is pushing back against the CFPB’s claims of excessive mortgage closing costs, calling it misguided and stressing that necessary fees are inaccurately …
The Latest Frontier in Housing Inequity? Pet Friendliness.
The New York Times, Aug. 5, 2024-Susan ShainScan the ads for luxury apartments — private dog parks! yappy hours! — and it seems like a golden age for renters with …