CBS News, Dec. 23, 2024-Jamie JohnsonThe past year has been a whirlwind for the mortgage industry. During the first week in January, the average 30-year mortgage rate was 6.62%, according …
Category: Top National News
What 2025 Could Hold for the Housing Market
Axios, Dec. 23, 2024-Sami SparberHere’s what experts and industry pros predict is in store next year for mortgage rates, new builds, moves, and more.Click here for more
Wall Street Landlords Loved These D.C. Suburbs. Rent Control Ended That.
Wall Street Journal, Dec. 23, 2024-Rebecca PicciottoRent control laws in Montgomery County and Prince George’s County, Md., were followed by a 13% decline in multifamily transaction volume.Institutional investors are deterred …
Is Your Home Flood Insurance Payment a Pain in Your Wallet? Relief Could be on the Way
Miami Herald, December 19, 2024-Lew SichelmanThe National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually. …
Housing in 2025: Rates Will Drop Under 6%, Capital Gains Exemption Will Double
Orange County Register, Dec. 20, 2024-Jeff LazersonReady for a new year and a reinvigorated housing market?Here are my 2025 predictions for the market.Click here for more
Here’s What’s In and Out of the Government Funding Agreement
CNN, Dec. 21, 2024-Katie Lobosco and Tami Luhby The Senate approved a slimmed-down, temporary government spending plan early Saturday morning, averting a shutdown of the federal government. President Joe Biden …
Insurance Crisis Could Spark Housing Market Crash Worse Than 2008: Report
Newsweek, Dec. 20, 2024-Giulia CarbonaroThe growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless policymakers act fast, warns the …
The U.S. Housing Market Has Had a Tough Year. Here’s What Could Save It
CNN, Dec. 20, 2024-Bryan MenaAmerica’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost …
The Fed Cut Rates. Mortgage Costs Went Up.
The Wall Street Journal, Dec. 20, 2024-Sam GoldfarbHopes were high that the Federal Reserve could make homes more affordable by cutting interest rates. So far, mortgage rates are rising instead.Click …
Life Insurance Companies Boost Their Commercial Mortgage Debt
MPA, Dec. 20, 2024-Candyd MendozaThe amount of commercial and multifamily mortgage debt grew by $47.7 billion, or 1%, in the third quarter of 2024, bringing the total to $4.75 trillion, …