HousingWire, April 30, 2024-Sarah MarxMortgage rates inched higher last week ahead of the Federal Reserve’s Federal Open Markets Committee on Wednesday and the national jobs report on Friday.Click here for …
Category: Top National News
Home Prices Soar Even Higher in February, Despite Higher Mortgage Rates, Says S&P Case-Shiller
CNBC, April 30, 2024-Diana OlickStrong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again.Click here for more
After Decades of Inaction, States Are Finally Stepping Up on Housing
Vox, April 30, 2024-Rachel M. CohenFor years, the easiest thing to do about building new housing was nothing.Click here for more
Young Americans’ Wealth Grew by Nearly 50% Over the Last 4 Years–It’s Not Just From Buying Homes
CNBC, April 30, 2024-Kamaron McNairMillennials may have ditched their “broke generation” stereotype.Click here for more
Southern California Homebuying Sinks to Second-Slowest March as Prices Hit Record High
Orange County Register, April 30, 2024–Jonathan LansnerThe budget-busting mix of rising mortgage rates and record-high prices squashed Southern California homebuying in March.Click here for more
Sorry, America, It’s Looking Like Higher Interest Rates are Going to Stick Around Longer
Business Insider, April 30, 2024–Ayelet Sheffey, Madison HoffThe Federal Reserve is expected to once again hold interest rates steady on Wednesday. Some predictions also do not forecast any interest rate …
Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
The Wall Street Journal, April 29, 2024-Will ParkerWall Street went on a home-buying spree. Now, more lawmakers want to stop it from ever happening again.Click here for more (subscription)
Here’s What Goes Into Your Mortgage Rate
The Wall Street Journal, April 29, 2024-Ben EisenMortgage rates are back above 7%, sending home buyers in search of ways to trim the cost of their loans.Click here for more …
FHFA Releases Q4 2023 National Mortgage Database
National Mortgage Professional, April 29, 2024-Katie JensenThe Federal Housing Finance Agency (FHFA) released its National Mortgage Database (NMDB) as is required by the Housing and Economic Recovery Act of 2008 …
Can Turning Office Towers Into Apartments Save Downtowns?
The New Yorker, April 29, 2024-D.T. MaxThere are about a thousand real-estate developers in New York City. Nathan Berman is one of them, and he’s become rich doing it. But, …