The Housing Scene, Nov. 15, 2024-Lew SichelmanIf you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. Your lender will most certainly object, assuming …
Category: Top National News
America’s Homes Are Piggy Banks That Few People Can Afford to Raid
Wall Street Journal, Nov. 15, 2024-Carol RyanOnly a minority of mainly older homeowners are in a position to take advantage of the historic run-up in house pricesClick here for more …
Boston Fed President Says December Rate Cut Isn’t a ‘Done Deal’
Wall Street Journal, Nov. 15, 2024-Nick TimiraosA Federal Reserve official said the central bank could eventually need to slow down the pace at which it is lowering rates and said …
The Bank That’s Got Your Mortgage Lender’s Back
Marketplace, Nov 14, 2024-Amy Scott and Sean McHenryDespite the name, homebuyers can’t get a mortgage directly from Federal Home Loan Bank of San Francisco. Instead, the bank provides liquidity to …
Homeowners Would Rather Leverage Home Equity Than Sell
National Mortgage Professional, Nov. 14, 2024-Katie JensenA new survey from TD Bank shows that most homeowners think of their properties as precious financial assets and two-thirds (66%) view their home …
Latest Mortgage Rate Report Doesn’t Help Borrowers
National Mortgage News, Nov. 14, 2024-Brad FinkelsteinMortgage rates stopped their ascent this week but offered little relief to consumers, in the first full seven-day period since the Federal Open Market …
Fannie and Freddie ‘Met or Exceeded’ Almost All Single-Family Housing Goals Over Four Years
HousingWire, Nov. 14, 2024-Chris ClowThe Congressional Budget Office (CBO) this week published a report assessing the performance of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac in reaching their single-family …
Inflation’s Up Again. Here’s What it Could Mean for Mortgage Interest Rates.
CBS News, Nov. 13, 2024-Angelica LeichtThe modest increase in inflation indicates that the road to achieving the Federal Reserve’s target of a 2% annual inflation rate might not be as …
Led by AI, Tech Demand for Office Space Is on the Rise
The Wall Street Journal, Nov. 12, 2024-Peter GrantTechnology companies’ leasing of office space jumped in the third quarter to its highest level in nearly three years, reflecting the growth of …
U.S. Inflation on the Rise Again
MPA, Nov. 13, 2024-Fergal McAlindenU.S. inflation ticked upwards in October, although likely not by enough to take a December interest rate cut by the Federal Reserve off the table.Click here …