Fast Company, Sept. 23, 2024-Lance LambertSpeaking to reporters last week, following the announcement of the start of the rate-cutting cycle, Fed Chair Jerome Powell stressed that while normalizing inflation and …
Category: Top National News
As Housing Inventory Ticks Up, How Does That Impact Home Prices?
Marketplace, Sept. 23, 2024-Justin HoRecent data have shown that housing inventory has finally started to tick up for both new and existing homes. But will that have an impact on …
Will FHFA IG’s Report Lead to a Flood Insurance Crackdown?
National Mortgage News, September 20, 2024–Bonnie SinnockThe regulator and conservator for Fannie Mae and Freddie Mac has agreed to beef up flood insurance examination measures at the recommendation of its …
The Rate Cut Won’t Save These Real Estate Owners
Wall Street Journal, Sept. 23, 2024–Will ParkerMany commercial-property owners borrowed too much when rates were super cheap and are struggling to hold on to assets they need to refinance.Click here …
Lazerson: Rate Cut Means Home Prices Will Moderate as Inventory Rises
Orange County Register, September 19, 2024–Jeff LazersonSorry, house hunters, the recent rate cut by the Federal Reserve won’t move the housing market much.Click here for more
Slowing Price Growth Might Not Move Home Sales
National Mortgage News, Sept. 20, 2024-Riley EdenbeckAnnual home price growth continued inching toward historical norms in August, but that still might not result in more purchase transactions.Click here for more …
What’s Minneapolis’ Secret to Fixing Housing? Build More
NBC News, Sept. 20, 2024-Brian CheungIt’s hard to find an affordable home in the United States these days. Even though the average 30-year fixed mortgage is down about a full …
MBA: Commercial Mortgage Debt Rises Despite Slowdown in Loan Originations
MPA, Sept. 20-Candyd MendozaCommercial and multifamily mortgage debt continued to rise in the second quarter of 2024, even as the volume of new loans slowed significantly.Click here for more
Higher Wire Fraud Insurance Coverage a Sign of the Times
National Mortgage News, Sept. 19, 2024-Brad FinkelsteinCertifid has doubled the amount of insurance coverage provided against wire fraud for each transfer the company verifies, as the funds moved for both …
MBA Backs ROAD to Housing Bill
MPA, Sept. 20, 2024-Candyd MendozaRepublican Senator Tim Scott (R-S.C.) has introduced the ROAD to Housing Act, a bill aimed at reforming housing policies and improving housing affordability.Click here for more