HousingWire, May 16, 2024–Flávia Furlan NunesMortgage Bankers Association President and CEO Bob Broeksmit proposed creating a national director to oversee housing policies and address the “regulatory knots” that “sap the …
Category: Top National News

Guaranteed Rate, MBA, FHFA add to Leadership Ranks
National Mortgage News, May 13, 2024–Spencer LeeClick here for more

China Eases Mortgage Rules in Latest Push to Aid Property Sector
Dow Jones Newswires, May 17, 2024Beijing has eased mortgage rules and urged local governments to buy unsold houses in some of policy makers’ boldest moves yet to revive the property …

Florida and Texas Show Signs of Home Prices Falling
The Wall Street Journal, May 16, 2024-Nicole FriedmanGary and Karen Steppe listed a condo in Indialantic, Fla., in February for $294,900. They expected the two-bedroom vacation home, which is in …

‘Regulatory Knots’ Strangling American Homebuyers, Says MBA Chief
MPA, May 16, 2024-Candyd MendozaMortgage Bankers Association (MBA) chief executive Bob Broeksmit criticized the Biden administration’s approach to housing policy in a speech in Washington, D.C., Wednesday.Click here for more

U.S. Housing Starts, Permits Fall Short as Mortgage Rates Rise
Bloomberg News, May 16, 2024-Vince GolleNew U.S. home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates is …

Mortgage Rates Drop for Second Straight Week to 7.02%
Fox Business, May 16, 2024-Breck DumasMortgage rates declined for a second consecutive week but remain above 7% as a home affordability crisis maintains its grip on the housing market.Click here …

The State of Rent in the U.S.
The Indicator from Planet Money – NPR, May 15, 2024–Sylvie DouglisShelter costs grew 5.5% over the last year. That’s a slight cooling off from previous months, and it’s a part …

Fed’s Powell Says High Interest Rates May ‘Take Longer Than Expected’ to Lower Inflation
USA Today, May 16, 2024–Paul Davidson Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, …

Listen: The Daily–The Possible Collapse of the U.S. Home Insurance System
The New York Times, May 15, 2024-The DailyAcross the United States, more frequent extreme weather is starting to cause the home insurance market to buckle, even for those who have …