National Mortgage News, Jan. 10, 2024-Brad FinkelsteinSenior home equity declined in the third quarter off of its all-time high, due to lower property values combined with an increase in debt …
Category: Top National News
Home Tours Rise, but Sales Lag as Mortgage Rates Hit Seven-Month High
MPA, Jan. 10, 2024-Jonalyn CuetoThe new year has brought a modest uptick in home tours, but higher mortgage rates continue to weigh on pending home sales, according to a report …
Agency MBS Issuance Rises in 4Q, Refis Trail Off by Year-end
Inside Mortgage Finance, January 10, 2025-John BancroftMost of the 2024 gains reported by Ginnie Mae, Freddie Mac and Fannie Mae came from an end-of-year rally in refinance activity — and …
Do Patrons Have to Report Home Purchase Gift Money to the IRS?
Orange County Register, Jan. 10, 2025-Jeff LazersonJust about every time a benefactor provides gift funds for a home purchase, two questions come up.Do I have to report the gift to …
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
The Wall Street Journal, Jan. 9, 2024-Jean Eaglesham and Joe FlintNick Ramirez hunched over a screen in his Los Angeles insurance agency, watching a map tracking the raging wildfires engulfing …
Florida’s Mortgage Market Is in Trouble
Newsweek, Jan. 9, 2024-Giulia CarbonaroFlorida is one of the least affordable states in the country to buy a home, according to the latest data from the Mortgage Bankers Association, as …
Luxury Shines in Housing Market – Report
MPA, Jan. 9, 2024-Camille Joyce LisayZonda has released its annual top markets forecast, focusing on high-end buyers for 2025.Click here for more
Mortgage Rates in the US Rise for a Fourth Week, Approaching 7%
Bloomberg News, Jan. 9, 2024-Prashant GopalU.S. mortgage rates rose for a fourth straight week.Click here for more (subscription)
Warehouse Leasing Prices Are Holding Up Despite Declining Demand
Wall Street Journal, Jan. 9, 2025-Liz YoungA steep cutback in new construction leaves tenants facing continued high rents after rates soared during the pandemicClick here for more (subscription)
The Top 10 Reverse Mortgage Lenders of 2024
HousingWire, January 8, 2025-Chris ClowWhile the overall leaderboard is not much different compared to 2023, there were notable moves in the rankings based on FHA-approved lenders’ HECM endorsementsClick here for …