Bloomberg News, Oct. 9, 2024-Molly SmithU.S. mortgage rates jumped last week by the most since July 2023, abruptly halting a monthslong slide that was helping to reinvogorate housing activity.Click here …
Category: Top National News
Mortgage Groups Take Aim at Homeownership Gap
National Mortgage News, Oct. 9, 2024-Brad FinkelsteinBuilding on an existing program, the Mortgage Bankers Association is spearheading 14 housing industry players, including other trade associations and the government-sponsored enterprises, in …
Mortgage Applications Decline in Latest MBA Survey
MPA, Oct. 9, 2024-Jonalyn CuetoMortgage applications fell by 5.1% last week, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending October 4, 2024. The data …
The Quest for a Hurricane-Proof House
The Wall Street Journal, Oct. 9, 2024-Deborah Acosta, Jemal R. Brinson and Arian Campo-FloresMillions of people fled Florida’s West Coast this week to escape a hurricane with enough force to …
Cash Buyers Can Get Their Money Back
The Housing Scene by Lew Sichelman, October 4, 2024Cash is king when it comes to buying a house. Always has been, and always will be. And these days, individual cash …
Why the Tampa Area Is So Vulnerable to a Hurricane
The Wall Street Journal, Oct. 8, 2024-Arian Campo-Flores, Deborah Acosta and Eric NiilerHurricane Milton is on a projected path that would inflict a direct strike on Florida’s Tampa Bay, a …
MBA, Other Stakeholders Team Up to Address Racial Homeownership Gap
HousingWire, Oct. 7, 2024-Chris ClowThe Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential …
Why One Measurement of Mortgage Costs Rose Amid Lower Rates
National Mortgage News, Oct. 8, 2024-Bonnie SinnockMortgage rates have seen some declines recently but other rising costs of housing keep outweighing their impact, according to a new report by Intercontinental …
10 Cities Where Low Mortgage Rates Have Homeowners Locked in ‘Golden Handcuffs’
QZ, Oct. 8, 2024-Rocio FabbroDespite signs that the “lock-in” effect is beginning to fade, many homeowners that snagged rock-bottom mortgage rates during the pandemic are still waiting on rates to …
As Hurricanes Strike, Insurance Costs Soar for Commercial Real Estate
The New York Times, Oct. 8, 2024-Emily FlitterPostpandemic vacancies and surging debt payments have eaten away at commercial real estate for more than two years. Even as those threats start …