Fast Company magazine, June 14, 2024–Meghan MalasNot only is 96% of mortgage debt in the U.S. fixed rate, but 38.5% of homeowners don’t have a mortgage at all.Click here for …
Category: Top National News
These Cities are Now So Expensive They’re Considered ‘Impossibly Unaffordable’
CNN, June 14, 2024–Hilary WhitemanAnyone with half an eye on the housing market over the last two decades will know that in many countries, not least the United States, it’s …
First-Time Homebuyer Activity a Bright Spot in Subdued Market
MPA, June 13, 2024-Fergal McAlindenMortgage applications for home purchases have jumped for the first time in five weeks – and an encouraging recent trend is seeing plenty of first-time homebuyers …
When Will the Fed’s Moves Alleviate the Lock-in effect?
HousingWire, June 13, 2024-Flávia Furlan NunesFederal Reserve Chairman Jerome Powell told reporters on Wednesday that the U.S. housing situation is a “complicated one” and that “bringing inflation down” is the …
Buyers Turn To New Construction As Inventory Lags
National Mortgage Professional, June 13, 2024-National Mortgage Professional May’s mortgage applications for new home purchases increased 13.8% from last year.Click here for more
Housing Costs Are Clouding an Otherwise Glowing Economy
CNN, June 13, 2024-Allison MorrowThe numbers are in and the hot takes have been tweeted: Inflation is cooling, the stock market is humming right along, wages keep going up and …
10 Housing Markets Where Prices Have Jumped the Most Since 2022—and 10 Where They Fell the Most
Fast Company, June 13, 2024-Lance LambertTo better understand how home prices have shifted since the mortgage rate shock, ResiClub‘s Lance Lambert House Price Tracker has begun keeping tabs on “shift …
Mortgage Rates Suffer Blow in Housing Market Update
Newsweek, June 12, 2024–Omar MohammedThe Federal Reserve on Wednesday said it anticipates fewer interest rate cuts than it predicted earlier in the year, spurring experts’ worries over the cost of …
Multifamily Ranks First as the Top Investor Choice
Multi-Housing News, June 11, 2024–Lew SichelmanRespondents to a CBRE investor intentions survey noted that multifamily posed the most opportunity, Lew Sichelman writes.Click here for more
He Assesses Climate Risk on the Housing Market, and He Wants Your Attention
Marketplace.org, June 12, 2024–Amy Scott and Aleezeh HasanAs chief climate officer at Fannie Mae, Tim Judge assesses how climate change may affect housing and Fannie Mae’s huge mortgage portfolio.Click here …