Newsweek, April 25, 2024-Giulia CarbonaroWhile mortgage rates remain higher than they were during the housing market’s booming pandemic years, Moody’s Ratings has predicted them to finally start declining over the …
Category: Top National News
Mortgage Rates Reach New High for 2024
Axios, April 24, 2024-Brianna CraneMortgage rates touched 7.5% in April, the highest they’ve been since last fall, per Mortgage News Daily data.Click here for more
How to Get a One-of-a-Kind Home, The Easy Way
Banker & Tradesman, April 25, 2024–Lew SichelmanEven though I live in a custom-designed house, I don’t recommend designing your own place from scratch. It’s not for everyone. For one thing, …
The Gen-Z Advantage in Housing
The New York Times, April 25, 2024Homeownership has been a touchy subject for Gen Z, as the generation compares its housing fate with that of the millennials who came before …
The Insurance Crisis is Affecting the Housing Market
Sacramento (Calif.) Appraisal Blog, April 24, 2024–Ryan LundquistInsurance has been a glaring mess in California, and it’s really starting to affect the housing market. Today, I want to share some …
Gov. DeSantis Signs Bills to Encourage Hurricane Prep
WINK, April 24, 2024-Nicholas KarsenFlorida Gov. Ron DeSantis signed two bills to strengthen Florida against natural events and hurricanes while in Redington Shores.Click here for more (subscription)
Mortgage Demand Slumps as Interest Rates Move Higher: MBA
HousingWire, April 24, 2024-Sarah Marx Mortgage demand dipped last week as mortgage rates reached their highest levels since late 2023. Applications decreased by 2.7% on a seasonally adjusted basis during …
Commercial Mortgage Origination Activity Nearly Halved in 2023
MPA, April 24, 2024-Candyd MendozaCommercial real estate (CRE) mortgage originations were down by half in 2023 as property owners paused borrowing. However, multifamily remained a bright spot.Click here for more
Which Party Has the Edge on Housing? Polls Say Neither
National Mortgage News, April 24, 2024-Spencer LeeAs housing affordability appears to be turning into a political priority in a pivotal election year, a recent poll suggests it is an issue …
Commercial Foreclosures Bring Trouble
Commercial Property Executive, April 23, 2024–Lew SichelmanTwo recent reports show an uptick in CRE repossessions. More could be on the way. (MBA mention)Click here for more