The Wall Street Journal, Aug. 9, 2024-Telis DemosBad news for the stock market can be good news for home borrowers. But the bottom probably isn’t going to fall out for …
Category: Top National News
HUD Removes Hurdle to Rental Aid for Some Disabled Veterans
National Mortgage News, Aug. 8, 2024-Bonnie SinnockThe Department of Housing and Urban Development has announced plans to change federal policy in order to address a hurdle to rental housing assistance …
As Mortgage Rate Tumbles, Will Buyers Rush In? Not So Fast, They Say
Orange County Register, Aug. 8, 2024–Jeff LazersonThe Freddie Mac 30-year fixed rate fell Aug. 7 to 6.47%, its lowest level since May 2023. The mortgage rate roll down started with …
Private MI Companies Gain Share in Second Quarter
Inside Mortgage Finance, Aug. 9, 2024–John BancroftRadian Guaranty ranked first among private MIs in new insurance written, posting a 20.5% increase to $13.89 billion in the second quarter.Click here for …
Why Do Mortgage Rates Move When the Fed Keeps Interest Rates Stable?
Marketplace.org, Aug. 8, 2024–Henry EppFor the past year, the interest rate set by the Federal Reserve — the federal funds rate — has stayed the same. At the same time, …
Don’t Bet on a Rapid Drop in Mortgage Rates
Wall Street Journal, Aug. 9, 2024–Telis DemosBad news for the stock market can be good news for home borrowers. But the bottom probably isn’t going to fall out for mortgage …
World’s Largest 3D-Printed Neighborhood Nears Completion in Texas
Reuters, Aug. 8, 2024-Evan GarciaAs with any desktop 3D printer, the Vulcan printer pipes layer by layer to build an object – except this printer is more than 45 feet …
Mortgage Refinance Applications Surge 60 Percent
Newsweek, Aug. 8, 2024-Matthew ImeplliHomeowner mortgage refinance applications increased by nearly 60% this past week, new data shows.Click here for more
Mortgage Rates Drop to 15-Month Low
The Wall Street Journal, Aug. 8, 2024-Gina Heeb and Nicole FriedmanMortgage rates fell to the lowest level in more than a year, raising hopes for relief in the battered U.S. …
Mortgage Lock-Ins Cost US Economy $20 Billion in One Year
Bloomberg News, Aug. 8, 2024-Scott CarpenterAs millions of homeowners choose to stay put in their current homes rather than take out new, more expensive mortgages, the costs to the US …