The Wall Street Journal, April 17, 2024-Denny JacobPrologis, the world’s largest industrial property company, logged better-than-expected revenue in the latest quarter but warned of a slowdown in warehousing markets in …
Category: Top National News
New Home Purchases Propel Mortgage Applications
MPA, April 17, 2024-Candyd MendozaMortgage applications increased 3.3% week over week, driven by a surge in purchase applications, according to data from the Mortgage Bankers Association (MBA).Click here for more
Will a Housing Deal Make New York More Affordable?
The New York Times, April 16, 2024-Mihir ZaveriNew York State officials have set the stage to take action on the state’s housing crisis. On Monday, the governor announced a framework …
Survey: Half of Americans Struggling With Housing Payments
Fox59, April 17, 2024-Zach Myers If you’re feeling stressed about your budget and monthly housing payments, you’re not alone, according to a new survey.Click here for more
Freddie Mac Would Buy Home Equity Loans Under FHFA Proposal
National Mortgage News, April 17, 2024-Bonnie SinnockAn influential government-related mortgage investor active in the first-lien market could become a purchaser of some home-equity loans under a concept its regulator put …
Homebuyers Are Making a Surprising Move
Newsweek, April 17, 2024-Omar MohammedMortgage applications rose even though rates went up, highlighting the fact homebuyers were willing to pay higher borrowing costs for home loans, data from the Mortgage …
Retail Losses Lead February Decline in Reverse Mortgage Volume
HousingWire, April 16, 2024-Chris ClowReverse mortgage volume dropped in February compared to the month prior, and new data compiled by Reverse Market Insight (RMI) shows that the primary culprit for …
Drop in Housing Starts Hammers Builder Stocks
The Wall Street Journal, April 16, 2024-Ryan DezemberShares of homebuilders and building products firms are tumbling after the Census Bureau’s tally of housing starts showed a big decline in March.Click …
New Home Application Activity in March Disappoints, MBA Says
National Mortgage News, April 16, 2024-Brad FinkelsteinIt is a slow start to the Spring home purchase season, at least in terms of newly constructed residences, as activity increased in March …
Coastal California Metros Were the Priciest in March: Zillow
HousingWire, April 15, 2024-Sarah MarxCompetition in the housing market is heating up heading into May and June. Home prices are surging in major U.S. metros, with coastal California cities and …