Home Equity Lending News, Aug. 19, 2024After three consecutive quarters of slowing, the origination of home-equity lines of credit turned higher — though lending levels pale compared to available equity. …
Category: Top National News
Burned and Uninsured: Wildfires are Leaving California’s Housing Market in Trouble
CNN, Aug. 18, 2024–Shania Baweja and Taylor GalganoLast year alone, the Insurance Information Institute tracked $80 billion in insured losses caused by natural catastrophes across the US. Insurers are rushing …
Buying or Selling a Home? The Rules Are Changing.
The New York Times, Aug. 16, 2024-Debra KaminSweeping changes to the real estate industry are going into effect this week, five months after the National Association of Realtors agreed to …
Mortgage Payments Just Got Cheaper for Home Buyers
Newsweek, Aug. 15, 2024-Omar MohammedThe monthly payments new buyers will have to pay for their home loans has dropped to its lowest in more than a year, real estate platform …
Mortgage Delinquencies Rise in Q2 2024
MPA, Aug. 16, 2024-Jonalyn CuetoThe Mortgage Bankers Association (MBA) has released its National Delinquency Survey for the second quarter of 2024, revealing a notable increase in mortgage delinquencies.Click here for …
Climate Disasters Are an Affordable Housing Problem
Bloomberg News, Aug. 16, 2024-Juan Pablo Garnham and Arjuna HeimWhen Maui was devastated by wildfires in August 2023, some residents were initially fortunate. The neighborhood of Makawao, for example, was …
Student Housing Market Shows Mixed Signals for 2024-25 Academic Year
Globe St., Aug. 16, 2024-Philippa MaisterAs a wave of students prepared to head to their colleges at the end of summer, they faced a student housing market with significant variations, …
The Latest Housing Starts Data Is Mostly Bad News
HousingWire, Aug. 16, 2024-Brooklee HanHousing completions were yet again the only bright spot in housing starts data released Friday by the U.S. Census Bureau and the U.S. Department of Housing …
Refinance Applications Jump 35% as Rate Drop Encourages Homeowners
Orange County Register, Aug. 15, 2024–Jeff LazersonMortgage rates dipped for the second week in a row, according to the Mortgage Bankers Association, stirring an avalanche of refinance borrowers.Refinance applications jumped …
Housing Costs Continue to Drive Inflation Even as Food Price Hikes Slow
USA Today, Aug. 15, 2024–Andrea RiquierMitchell and Kathryn Cox, mid-20s professionals in Savannah, Georgia, thought that they’d entered the rental market “at the worst time possible,” with skyrocketing prices pushing …