Newsweek, May 30, 2024-Omar MohammedMortgage payments in Florida are some of the highest in the nation in relation to how much people earn, according to the Mortgage Bankers Association (MBA), …
Category: Top National News
Extreme Hurricane Season to Put Tens of Millions of Homes at Risk This Summer
Mansion Global, May 30, 2024-Chava GourarieThe U.S. is headed into what’s expected to be a busy hurricane season, according to the National Oceanic and Atmospheric Administration (NOAA), which forecast up …
When Will Mortgage Rates Fall? Experts Say These 4 Things Need to Happen First
MoneyWatch/CBS News, May 29, 2024–Tim MaxwellFor mortgage rates to drop significantly, a few different scenarios need to occur, experts say.Click here for more
20 Banks With the Largest Retail Mortgage Volume in Q1
National Mortgage News, May 29, 2024The top five lenders in our ranking have a combined retail mortgage volume of more than $20 billion at the end of the first quarter …
Chicago to Offer Most Generous Subsidies in U.S. to Save Its Downtown
The Wall Street Journal, May 28, 2024-Peter GrantChicago gave birth to the skyscraper in the late 19th century. Now, local developers and politicians are trying to keep many of today’s …
Rural Home Buyers Break From America’s Housing Market Trend
Newsweek, May 29, 2024-Omar MohammedThe share of government-supported mortgages aimed at helping home buyers in rural areas rose slightly for the week ending May 24, even as other categories and …
Hundreds of Thousands of Americans May See Mortgage Payments Double
Newsweek, May 29, 2024-Omar MohammedHomeowners who secured cheaper, short-term mortgage rates could face higher monthly payments, in some cases almost doubling, this year as the term of their home loans …
Mortgage Demand Slides to Lowest Level Since Early March
HousingWire, May 29, 2024-Sarah MarxMortgage applications slumped heading into Memorial Day weekend. Applications decreased by 5.7% on a seasonally adjusted basis during the week ending May 24, according to the …
Low-Wage States With Cheap Housing Dominated the Post-Pandemic Jobs Boom
Stateline, May 29, 2024-Tim HendersonMore than half of the nation’s jobs created in the past five years have come in two states: Texas and Florida.Click here for more
Mortgage Rates Trend Down as the Labor Market Loosens
HousingWire, May 28, 2024–Sarah MarxMortgage rates kept sliding toward 7% as HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conforming loans at 7.25% on Tuesday, below the …