HousingWire, Oct. 15, 2024-Chris ClowThe Federal Communications Commission (FCC) — the regulatory body that oversees communications across a wide variety of media including radio, telephone and the internet — announced …
Category: Top National News
Storms Be Damned, Florida Keeps Building in High-Risk Areas
Wall Street Journal, Oct. 16, 2024–Jean Eaglesham and Carl ChurchillFlorida built 77,000 new properties in high-risk flood areas since 2019, the most in the nation, according to an analysis by …
Storms Be Damned, Florida Keeps Building in High-Risk Areas
The Wall Street Journal, Oct. 16, 2024-Jean Eaglesham and Carl ChurchillDriving through the mess left behind by the twin hurricanes that slammed Florida, it doesn’t take long to pass a …
U.S. Mortgage Rates Climb to 6.52%, Highest Since Early August
Bloomberg News, Oct. 16, 2024-Molly SmithU.S. mortgage rates rose sharply for a second straight week, reaching the highest level since early August while prompting steep declines in both home-purchase and …
Life Insurance CRE Mortgages See 0.68% Total Return in Q2
Globe St., Erik Sherman, Oct. 16, 2024According to Trepp and its LifeComps Index, participants have seen a total return of 0.68% in the second quarter of 2024. That includes 1.17% …
Home Price Growth Slows, but Buyers Are Still Stuck
MPA, Oct. 16, 2024-Candyd MendozaHome price growth has shown signs of slowing down, but that doesn’t mean it’s any easier for buyers.Click here for more
Weekly Mortgage Demand Tanks 17%, After Interest Rates Hit the Highest Level Since August
CNBC, Oct. 16, 2024-Diana OlickMortgage interest rates rose last week for the third straight week, hitting the highest level since August. That caused demand from both current homeowners and potential …
High Home Prices Force Builders to Offer Mortgage Buydowns—and More
The Wall Street Journal, Oct. 15, 2024-Gina HeebDaniel Garcia Parra is the kind of home buyer that builders are aggressively courting.Click here for more (subscription)
How a Rare Type of Mortgage Is Landing Homebuyers a 3% Rate
CNBC, Oct. 15, 2024-Devan BurrisAs mortgage rates stagnate around 6%, prospective homebuyers are feeling nostalgic for the 3% interest rates of 2020 and 2021. Google search results for the term …
The U.S. Already Has Millions of Climate Refugees. Helene and Milton Could Make It Worse.
USA Today, Oct. 14, 2024-Andrea RiquierImages from Florida, battered by two once-in-a-generation storms in a matter of weeks, are prompting a reckoning by Americans across the country.Click here for more