Commercial Observer, June 5, 2024-Brian PascusF. Scott Fitzgerald once wrote that “there are no second acts in American lives.” And while the author of The Great Gatsby might have been …
Category: Top National News

Mortgage Demand Falls for the Second Straight Week, but All Eyes Are on Friday’s Jobs Report
CNBC, June 5, 2024-Diana OlickMortgage interest rates last week moved to the highest level since early May, and that pushed mortgage demand lower for the second straight week.Click here for …

Single-Family Housing Permits Up 24% In Q1
National Mortgage News, June 5, 2024-Erica DrzewieckiA lack of existing inventory and pent-up demand is fueling single-family home construction, with permit growth occurring across the nation in the first quarter …

CFPB Renews Warnings About ‘Fine Print’ Violations
National Mortgage News, June 4, 2024–Bonnie SinnockThe Consumer Financial Protection Bureau on Tuesday renewed warnings to lenders and servicers about “unlawful or unenforceable” contract terms, something it first attempted to …

Wall Street Wants Second Mortgages Expanded For ‘The Next Big U.S. Stimulus.’ Is That Wise?
Fast Company magazine, June 5, 2024–Lance LambertWall Street wants second mortgages expanded for ‘the next big U.S. stimulus.’ Is that wise?Click here for more

Will Mortgage Rates Fall After the June Fed Meeting? Here’s What Experts Think
MoneyWatch, June 5, 2024–Tim MaxwellAny interest rate drop would be welcome news for potential homebuyers looking for lower borrowing costs. But will mortgage rates fall after the June Fed meeting? …

What’s Holding Up Your Home Loan?
Orange County Register, June 4, 2024–Jeff LazersonHomebuyers, you’ve only just begun when income documentation, pay stubs, and down payment sourcing arrives in the hands of a mortgage broker.Between your contractual …

Developers Sit on Empty Lots After Historic Apartment Boom
The Wall Street Journal, June 4, 2024-Will ParkerSeattle-based developer Tyler Carr set out to build apartments in Boise, Idaho, where rents were rising the fastest in the country. In 2021, …

Scammers Tried to Sell Graceland. How to Prevent Your Home From Being Next.
The Wall Street Journal, June 3, 2024-Robyn A. FriedmanWhen a company tried in May to auction off Graceland, the iconic former home of music legend Elvis Presley in Memphis, a …

Will Mortgage Rates Fall after the June Fed Meeting? Here’s What Experts Think
CBS News, June 4, 2024-Tim MaxwellAfter the latest report revealed that inflation remains high at 3.4% — and after the May Consumer Price Index All Urban Consumers report showed a …