Yahoo Finance, May 6, 2024–Gabriella Cruz-MartinezHigh inflation and a disappointing report on economic growth — followed by a sudden drop in stocks late last month — made for a familiar …
Category: Top National News
Homeowners Spend Nearly $18,000 a Year on Costs Aside From Their Mortgage
Hastings (Neb.) Tribune, May 7, 2024–Laura ChapmanA new survey from Real Estate Witch found homeowners spend an average of $17,958 annually on home expenses such as maintenance, taxes, utilities, and …
Trade Groups Express Concerns on VA Timeline for Defaulted Loan Purchase Program
HousingWire, May 6, 2024-Chris ClowRepresentatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay …
Property’s Waiting Game Is Getting Harder
The Wall Street Journal, May 5, 2024-Carol RyanHigher-for-longer rates are forcing commercial property owners to rethink their options.Click here for more (subscription)
Renters Have Never Been So Pessimistic About the Possibility of Owning a Home
Quartz, May 6, 2024-Rocio FabbroThe prospect of owning a house has never felt more out of reach for renters.Click here for more
When Buying a Home Is Treated as a National Security Threat
The New York Times, May 6, 2024-Amy Qin and Patricia MazzeiAfter years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home.Click …
How America’s Pent-up Housing Demand Will Be Unleashed
Newsweek, May 8, 2024-Giulia CarbonaroA cooling down of the U.S. labor market could encourage the Federal Reserve to finally lower interest rates, National Association of Realtors’ Chief Economist Lawrence Yun …
Mortgage Insurers’ Business Mostly Flat or Down in 1Q
National Mortgage News, May 6, 2024–Brad FinkelsteinPrivate mortgage insurers had a weaker first quarter compared to one year ago, as new insurance written fell by 9%, but it was flat …
Vibrant HEi Market Could be Tempered by Future Regulation
Home Equity Lending News, May 6, 2024–Steve RappoportIndustry leaders last week endorsed home-equity investments, which have been performing well, as the next big thing for cash-strapped homeowners. But the growing …
How Online Shopping Is Saving the Bricks-and-Mortar Store
Wall Street Journal, May 6, 2024–Kate KingRetailers are increasingly relying on their shops as fulfillment hubsClick here for more (subscription)