HousingWire, May 2, 2024-Bill ConroyThe housing market has been on a topsy-turvy roller-coaster ride in recent years that has been particularly neck wrenching since this past fall, fueled by stubbornly …
Category: Top National News

What Do Higher-for-Longer Interest Rates Mean for Your Money?
Fox Business, May 2, 2024–Megan Henney“The timing of when the Federal Reserve begins to cut interest rates is up in the air – and in an indefinite holding pattern,” said …

GSE Second Mortgages: Could They Triple Issuance?
Home Equity Lending News, May 1, 2024–Sam GarciaFreddie Mac’s proposal to begin acquiring close-end second mortgages made to borrowers whose first mortgages it already owns faces numerous hurdles. But if …

Inside America’s Priciest Resort, Where the Cheapest Homes Cost Millions
The Wall Street Journal, April 30, 2024-Jessica FlintLocated about halfway between Savannah, Ga. and Jacksonville, Fla. on Georgia’s Atlantic Ocean coast is a family-owned resort called Sea Island.Click here for …

Title Premium Volume Fell 31% in 2023
HousingWire, May 1, 2024-Brooklee HanAs existing home sales dropped to the lowest level it has seen in nearly three decades in 2023, title insurance premium volume also took a hit. …

ARM Applications At Year’s Highest So Far, As Rates Fail To Budge
National Mortgage News, May 1, 2024-Erica DrzewieckiMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate mortgages (ARMs) for just that reason.Click here for …

Affordable Housing Crisis Looms Large in Election
The Hill, May 1, 2024-Taylor GiornoAs President Biden courts young voters and bucks negative perceptions of his handling of the economy, one economic issue looms large over the upcoming election: …

Average Long-Term US Mortgage Rate Climbs for Fourth Straight Week to Highest Level Since November
Associated Press, April 30, 2024–Alex VeigaThe average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the …

How the Insurance Industry is Using the Mortgage Slump to Get New Talent
Insurance Business, May 1, 2024–Jen FrostHigh mortgage rates are making it a tough environment for home buyers. Home sales were at their lowest in almost 30 years in 2023. For …

Office-Loan Defaults Near Historic Levels With Billions on the Line
The Wall Street Journal, April 30, 2024-Peter GrantDefaults are reaching historic levels in the office market, as a growing number of owners capitulate to persistently high interest rates and weak …