HousingWire, Jan. 2, 2024-Logan Mohtashami Today, the jobless claims data again showed why mortgage rates continue to be elevated, confirming that the labor market isn’t breaking. The labor market is …
Category: Top National News
Over 250k Homeowners Remain in Forbearance — Report
MPA, Jan. 3, 2024-Camille Joyce LisayThe Mortgage Bankers Association’s (MBA) monthly loan monitoring survey revealed an increase in total mortgage loans in forbearance to 0.50% as of November 30, 2024.Click …
FHFA, Treasury Amend GSE Conservatorship Agreements
National Mortgage News, Jan. 3, 2025-Bonnie SinnockThe changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump …
January Mortgage Outlook: Rates Trending Lower
NerdWallet, Jan. 3, 2025-Holden LewisMortgage rates might ride up and down in January and finish lower than where they started, like a road trip that begins in the mountains and …
Student Debt Issues Can Be Solved
The Housing Scene by Lew Sichelman, Jan. 3, 2025Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.Click here …
Mortgage Rates Likely to Go Back Over 7% as They Rise Again
National Mortgage News, Jen. 2, 2025-Brad FinkelsteinThe Freddie Mac mortgage rate tracker on Thursday morning showed the conforming 30-year fixed rate mortgage creep closer to the 7% level last seen …
Is Living on Top of a Costco the Answer to Affordable-Housing Crisis?
The Wall Street Journal, Jan. 1, 2024-Rebecca PicciottoA real-estate developer in Los Angeles is testing a new blueprint for affordable housing: stack apartments on top of a Costco.Click here for …
Housing Inventory Hits Post-2020 High as Unsold Homes Linger
Inman, Jan. 2, 2024-Richelle HammielIn November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis.Click here for more (subscription)
Micro-Apartments Will Become a Cost-Effective Solution for Renters — Eventually
Boston Globe, Jan. 2, 2024-Madeline BilisThe idea of living in a micro-unit, or an apartment roughly less than 400 square feet, might send some renters heading for the wide-open spaces …
HELOC Rates Sink in 2024 Even As 1st Mortgage Rates Up
Home Equity Lending News, December 31, 2024The final week of 2024 brought with it the year’s lowest average home-equity line-of-credit rates -— which have tumbled 176 basis points since the …
