SFGate, Aug. 1, 2024-Tessa McLeanThe California city that had the fastest-rising home prices in the nation for the past six months has finally been overtaken.Click here for more
Category: Top National News
12 U.S. Cities Where Owning a Home Is Cheaper Than Renting
Newsweek, Aug. 1, 2024-Giulia CarbonaroWhile mortgage rates are still hovering around the 7 percent mark and the housing market remains historically unaffordable, there are 12 cities in the country where …
Housing Industry Eyes Fed’s Next Rate Cut Move
MPA, Aug. 1, 2024-Candyd MendozaThe Federal Reserve held interest rates steady on Wednesday but signaled a potential shift towards lower borrowing costs in the coming months.Click here for more
Fed Should Re-Propose Entire “Disastrous” Basel III Endgame
Markets Media, Aug. 1, 2024The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), was joined by all Committee Republicans in a letter to Federal Reserve Chairman Jerome Powell. …
These are The 10 Fastest-Growing Housing Markets in the U.S.
Quartz, Aug. 1, 2024–Rocio FabbroRemote and flexible work has driven many Americans out of city centers and towards the suburbs. This has resulted in massive population booms in several once-quiet …
Mortgage Activity Falls for Second Straight Week
National Mortgage News, July 31, 2024-Spencer LeeHome lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association.Click here for more (subscription)
Mortgage Industry Needs New Strategies for Distressed Borrowers – MBA
MPA, July 31, 2024-Candyd MendozaThe Mortgage Bankers Association is calling on the mortgage industry to develop new intervention policies to better support distressed borrowers.Click here for more
Surprise, Housing Cost to Income Ratio Has Barely Changed
HousingWire, July 31, 2024-Aziz SunderjiAlthough Americans have complained about high housing costs for decades, their concerns have taken on a fevered pitch recently. At first glance, these concerns seem reasonable: …
Can 3D Printing Impact Affordable Housing Stock? HUD Thinks So
HousingWire, July 31, 2024-Chris ClowFollowing a $600,000 research grant to the city of Nome, Alaska, that was issued last year, senior officials at the U.S. Department of Housing and Urban …
Home Equity Lending Flat in 2023 as Outstanding Debt Increased: MBA
HousingWire, July 29, 2024-Chris ClowHome equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according …