HousingWire, July 15, 2024–Mike SimonsenIf we get lucky and mortgage rates ease from here on out for the rest of the year, then one place we’ll measure a rebound in …
Category: Top National News
Evictions Surge in Major Cities in the American Sunbelt
The Wall Street Journal, Will Parker, July 15, 2024Tenant evictions look stuck at elevated levels in several corners of the U.S., showing little sign of returning to what was typical …
Colorado Borrowers Sport the Biggest Mortgage “Handcuffs” in the Country
The Denver Post, July 15, 2024-Aldo SvaldiNowhere does a bigger gap exist between the average mortgage rate borrowers are holding and what the market is charging than in Colorado, and …
Biden to Unveil Plan to Cap Rents as GOP Convention Begins
The Washington Post, July 15, 2024-Jeff Stein and Rachel SiegelPresident Biden will unveil a new proposal in Nevada on Tuesday to cap rental costs nationwide, according to three people familiar …
Seasonal Student Housing Pre-Leasing Grows at Normal Pace
Globe St., July 15, 2024-Kristen SmithbergDespite slowing momentum over the past 2 years, U.S. student housing pre-leasing continues to increase at a normal pace for the Fall 2024 term and …
Zombie Seconds Addressed in CFPB Proposed Rule
Home Equity Lending News, July 11, 2024A new servicing rule proposed by the Consumer Financial Protection Bureau addresses dormant second mortgages in which the borrower stopped making the monthly payments …
Mortgage Rates See Immediate Relief After Positive Economic Data
Mortgage Professional America, July 12, 2024–Candyd MendozaMortgage rates fell the week of July 8 following positive economic data that suggests the Federal Reserve may ease up on interest rates later …
How Low Can Mortgage Rates Go With Cooler Inflation?
HousingWire, July 11, 2024–Logan MohtashamiMortgage rates are falling today as the CPI inflation data came in lighter than anticipated. The shelter side of the equation was a big help in …
MBA Calls for Overhaul of FHA Multifamily Programs
Inside Mortgage Finance, July 11, 2024–Brandon IveyThe Mortgage Bankers Association is asking the Department of Housing and Urban Development to make significant changes to FHA’s multifamily mortgage programs. The bulk …
Inflation and the Housing Market: Decoding the Latest Numbers
Bankrate.com, July 11, 2024–Jim ProbascoWhile inflation may be headed in the right direction overall, the shelter category, which includes housing costs, has remained stubbornly high. Shelter continues to be a …