Reuters, October 28, 2024–Tatiana Bautzer and Nupur Anand JPMorgan Chase CEO Jamie Dimon blasted several major U.S. regulatory initiatives on capital rules, card payments and open banking at a conference …
Category: Top National News
Housing Inventory Fell Last Week. Have Sellers Called it Quits?
HousingWire, October 26, 2024–Logan MohtashamiSince mid-2022 when mortgage rates headed higher, two facts have been apparent: new listings data has been trending at the lowest levels ever recorded in history …
Now That Interest Rates are Going Down, Here’s What to Expect for the Rest of the Year
HousingWire, October 25, 2024–Victor KuznetsovThe strongest market agitator in the first half (H1) of 2025 is not likely to be either U.S. unemployment or inflation caused by monetary or fiscal …
MBA Challenges RESPA Section 8 In New White Paper
National Mortgage Professional, Oct. 25, 2024–Katie JensenThe Mortgage Bankers Association’s new white paper, published Thursday, takes issue with section 8 of RESPA.Click here for more
Here’s Why Mortgage Rates are Rising After the Fed’s Rate Cut
CNN, Oct. 25, 2024–Bryan MenaS mortgage rates rose again this week, the fourth-straight weekly increase. That rise in borrowing costs has undone some of the relief Americans felt this summer …
Mortgage Rates: Why They Spiked, Why They Fell And What’s Next For Buyers
Forbes, Oct 25, 2024–Robin Rothstein and Caroline BasileAfter skyrocketing during and after the pandemic, mortgage rates are down more than 1% from their October 2023 peak. But what’s behind this …
CRE Mortgage Delinquencies Climb as Office Struggles Persist
Globe St., Oct. 24, 2024-Mario MarroquinDelinquencies for commercial real estate mortgages climbed in the third quarter of 2024, but not all sectors felt the same pain. Loans backed by office …
Average Rate on a 30-Year Mortgage in the U.S. Rises Again to Highest Level in Nearly 3 Months
The Associated Press, Oct. 24, 2024-Alex VeigaThe average rate on a 30-year mortgage in the U.S. rose again this week, reaching its highest level in nearly three months.Click here for …
Are ‘Micro-Apartments’ Converted From Offices the Answer to the Housing Crisis?
USA Today, Oct. 22, 2024-Andrea RiquierYou’ve heard of tiny houses. What about tiny, tiny, apartments?Click here for more
What Post-Hurricane Data in North Carolina Could Mean for Florida’s Recovery
HousingWire, Oct. 23, 2024-Jeff Andrews What had previously been a surprisingly mild 2024 hurricane season closed with two devastating storms that hammered Florida and North Carolina.Click here for more (subscription)