CNBC, Jan. 8, 2024-Diana OlickMortgage rates last week moved higher for the fourth week in a row. That caused already very weak mortgage demand to drop even further. Total mortgage …
Category: Top National News
Thousands Flee as Wildfires Burn Out of Control and Destroy Homes Across the Los Angeles Area
The Associated Press, Jan. 8, 2024-Jaimie Ding, Christopher Weber and Julie WatsonMultiple massive wildfires tore across the Los Angeles area with devastating force Wednesday, destroying more than 1,000 structures and …
ADP: December Private Payroll Growth Lower Than Expected at 122,000
UPI, Jan. 8, 2025-Doug CunninghamPrivate employers added 122,000 seasonally adjusted U.S. jobs in December, according to a Wednesday report from payroll company ADP. Dow Jones economists expected 136,000.“The labor market …
The U.S. Government Is Sitting on a Possible Solution to the Housing Crisis
Bloomberg News, Jan. 8, 2025-Michael AlbertusAmong the more urgent tasks facing Donald Trump now that he’s heading back to the White House is answering calls to address the country’s housing …
These Are the Hottest Housing Markets in 2025: Zillow
NewsNation, Jan. 7, 2025-Liz JassinBuffalo, New York is expected to be the hottest major housing market in the U.S., for the second year in a row, according to Zillow.Click here …
The ‘Hidden Force’ That Can Bring Mortgage Rates Down
The Wall Street Journal, Jan. 8, 2024-Telis DemosMortgage rates have been moving against home buyers in recent weeks. But there is a sliver of hope on the horizon.Click here for …
Interest Rates in 2025: Where Are They Headed?
Commercial Observer, January 6, 2025-Brian PascusIn life, we’re told the only guarantees are death and taxes. While not nearly as morbid nor pessimistic, in commercial real estate, the only promise …
Even With an Office Glut, Firms Can’t Find the Kind of Space They Want
The Wall Street Journal, Jan. 7, 2024-Peter GrantThe troubled U.S. office industry is starting the new year with a problem it hasn’t contended with in years: Some business districts face …
CFPB Unveils Rule to Erase Medical Debt From Credit Reports
HousingWire, Jan. 7, 2025-Flávia Furlan NunesAmid a regulatory push ahead of the White House transition, the Consumer Financial Protection Bureau (CFPB) unveiled a new rule on Tuesday to eliminate medical …
Only Half Of FHA Borrowers Eligible For DPA Receive It
National Mortgage Professional, Jan. 7, 2024-Lew SichelmanDown payment assistance (DPA) is an important tool for helping to qualify borrowers who struggle to to raise enough money for a down payment …