Newsweek, Aug. 14, 2024-Omar MohammedInflation decelerated in July on a yearly basis to its lowest level since early 2021, a development that could lead the U.S. central bank to slash …
Category: Top National News
Consumers Won’t Budge Until Mortgage Interest Rates Get This Low: Survey
National Mortgage News, Aug. 14, 2024-Brad FinkelsteinNearly two-thirds of consumers are “encouraged” that mortgage rates will be dropping soon and the market is moving closer to the level that will …
Listen: Why You Shouldn’t Expect a Rapid Drop in Mortgage Rates
The Wall Street Journal, Aug. 14, 2024-podcastA rough day in the stock market like what we saw last week could mean good news for home borrowers in the form of …
Mortgage Refinancing Surges 35% in One Week, as Interest Rates Hit Lowest Level in Over a Year
CNBC, Aug. 14, 2024-Diana OlickIt appears to have taken a few weeks for current homeowners to realize mortgage rates had dropped dramatically. And when they did, they acted.Click here for …
Mortgage Applications Hit 19-Month High
Axios, Aug. 14, 2024-Felix SalmonThe number of Americans applying for a mortgage hit its highest level since January 2023 last week, while the number of refinance applications surged to a …
UBS to Sell Credit Suisse’s U.S. Mortgage Servicing Business
Reuters, Aug. 14, 2024–Dave GrahamUBS on Tuesday agreed to sell Credit Suisse’s U.S. mortgage servicing business, UBS Chief Financial Officer Todd Tuckner said on Wednesday, without naming the buyer.Click here …
Why You Shouldn’t Expect a Rapid Drop in Mortgage Rates
Wall Street Journal’s “Your Money Matters” podcast, Aug. 14, 2024–Ariana AspuruA rough day in the stock market like what we saw last week could mean good news for home borrowers …
Child Care, Rent, Insurance: Where Inflation Hits Hardest Now
The Wall Street Journal, Aug. 12, 2024-Harriet Torry and Terell WrightInflation is slowing. So why doesn’t it feel that way?Click here for more (subscription)
Home Depot Warns of Pullback in Consumer Spending, Saying Americans Are Delaying Big Projects
CBS News, Aug. 13, 2024-Kate GibsonAmericans are putting off major upgrades to their homes as they await lower interest rates and amid ongoing unease about the U.S. economy, Home Depot …
Weight-Loss Drugs Hit Health Care Real Estate
Axios, Aug. 13, 2024-Tina ReedWeight-loss drugs are so ubiquitous that some health systems are scaling back bariatric surgery centers and recalculating other investments as they grapple with the drugs’ potential …