HousingWire, Aug. 4, 2024-Logan MohtashamiMortgage rates moved massively lower last week without any Federal Reserve rate cuts, primarily because the labor market is getting softer. Can mortgage rates go even …
Category: Top National News
20 States With the Highest Average Monthly Mortgage Payment
National Mortgage News, Aug. 5, 2024-NMN StaffWhile home prices are still steep, interest rates have fluctuated more recently. LendingTree recently ranked the states with the highest average monthly mortgage payments …
Could ‘Boommates’ Help Ease the Housing Crisis?
WBUR (NPR) Aug. 5, 2024–Claire Donnelly, Deborah BeckerHigh housing costs are pushing more Americans to find roommates, including baby boomers and empty nesters. We take a look at the growing …
HELOC Originations Up Following 3 Quarterly Declines
Home Equity Lending News, Aug. 2, 2024Quarterly originations of home-equity lines of credit turned higher — reversing three consecutive quarterly declines. First-half HELOC production has surpassed a half-million units.Click here …
Wisconsin Voters Seethe Over Out-of-Control Housing Prices
Wall Street Journal, Aug. 2, 2024–Rachel Wolfe & Andrew RestucciaNot even Midwestern manners can disguise Wisconsinites’ anger over how high housing prices have climbed. With median sale prices up 8% …
Mortgage Rates are Falling as the Labor Market Falters
HousingWire, Aug. 2, 2024–Brooklee HanJob creation continued to slow in July as unemployment spiked, which economists say is good news for the Federal Reserve and the housing industry. Mortgage rates …
August Mortgage Rates Could Continue Long Decline
NerdWallet, Aug. 2, 2024–Holden LewisMortgage rates are likely to keep falling in August because inflation is slowing down. The pleasing news is that mortgage rates have been trending downward since …
Is Your House For Sale and Languishing on the Market? This Might be What’s Wrong
Miami Herald, Aug. 2, 2024–Lew SichelmanThirty days isn’t a long period of time. But when a house sits on the market for that long without so much as a nibble, …
Warehouse Developer Panattoni Plans Data-Center Push, Sparked by AI Boom
The Wall Street Journal, Aug. 1, 2024-Liz YoungOne of the largest industrial real-estate developers in the U.S. plans to begin developing data centers as an artificial-intelligence boom drives demand for …
U.S. 30-Year Mortgage Slides to Lowest Since February, Freddie Mac Says
Reuters, Aug. 1, 2024-Makailah GauseThe average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to …