The Wall Street Journal, Oct. 3, 2024The average 30-year mortgage rate has fallen more than a full percentage point over the past year, but many renters remain priced out of …
Category: Top National News
Mortgage Rates Near 6% Are Enough to Start Up a Refinancing Wave
Bloomberg News, Oct. 3, 2024-Prashant Gopal and Alexandra TanziJim Horgan has had a rough couple of years. As elevated interest rates created the worst housing market for sales in nearly …
Homebuyer Demand Gains Steam in Response to Lower Mortgage Rates
HousingWire, Oct. 3, 2024-Jeff AndrewsThe real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline …
Unexpected Cities Topping Real Estate Investment List
Globe St., Oct. 3, 2024-Philippa Maister“Savvy real estate investors can still find hidden gems in affordable metros across the country,” according to a new report on the top 10 markets …
Miami Might Be in a Real Estate Bubble, UBS says
Quartz, Oct. 3, 2024-Ben KesslenIf you’re thinking about buying a condo in Miami, you might want to hold off.Click here for more
IMB Summit: Bob Broeksmit Mulls Election Impacts on Mortgage Rates, Regulations
HousingWire, Oct. 1, 2024-Flávia Furlan NunesWhichever candidate — Kamala Harris or Donald Trump — wins the 2024 presidential election will not have a significant impact on the path of interest …
At the Hard Rock Hotel, FHA’s Gordon Talks Reverse Mortgage Observations, Possible Enhancements
HousingWire, Oct. 1, 2024-Chris ClowFederal Housing Administration (FHA) Commissioner Julia Gordon offered her insights on the agency’s Home Equity Conversion Mortgage (HECM) program at this year’s National Reverse Mortgage Lenders …
Even High Earners Find Homeownership Difficult in These U.S. Cities
MPA, Oct. 2, 2024-Candyd MendozaDespite some improvements in affordability, there are still some cities where young buyers need six-figure salaries to afford a home due to high property prices, mortgage …
Homebuyers Are Finally Returning to the Market
Quartz, Oct. 2, 2024-Rocio FabbroMortgage rates ticked up slightly for the first time in months last week, cooling off hot demand for refinancing. But demand for purchase applications — mortgages …
Red-Hot Refinance Demand Retreats After Tiny Bump Higher in Mortgage Rates
CNBC, Oct. 2, 2024-Diana OlickMortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot …