HousingWire, Aug. 6, 2024-Tracey VeltMortgage rates are dropping fast. Will potential homebuyers jump at newly cheaper payments? Or, will they wait to see if rates drop further before taking action?Click …
Category: Top National News
New Homes Are Getting Smaller. That Could Be Big News for First-Time Buyers
CNN, Aug. 5, 2024-Samantha DelouyaAfter years of saving, Jordyn Carias and her partner purchased a home for the first time last month. To find a place that didn’t break the …
Mortgage Rates Plunge to Lowest Level in Over a Year Amid Recession Fears. Is Now a Good Time to Buy a House?
Marketwatch, Aug. 5, 2024–Aarthi SwaminathanMortgage rates have plunged to their lowest level in over a year. But with fears of a recession mounting, is it a good time to buy …
US Bond Yield Drop Suggests Lower Mortgage Rates May be Coming
Reuters, Aug. 5, 2024—-Makailah GauseThe financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall …
Fannie, Freddie Are Poised to Tighten Real-Estate Lending Rules
The Wall Street Journal, Aug 5. 2024-Gina HeebFannie Mae and Freddie Mac are preparing to impose stricter rules for commercial-property lenders and brokers, following a budding regulatory crackdown on fraud …
MBA Slams CFPB’s Focus on Closing Costs as Misguided
MPA, Aug. 5, 2024-Candyd MendozaThe Mortgage Bankers Association is pushing back against the CFPB’s claims of excessive mortgage closing costs, calling it misguided and stressing that necessary fees are inaccurately …
The Latest Frontier in Housing Inequity? Pet Friendliness.
The New York Times, Aug. 5, 2024-Susan ShainScan the ads for luxury apartments — private dog parks! yappy hours! — and it seems like a golden age for renters with …
Can Mortgage Rates Go Even Lower?
HousingWire, Aug. 4, 2024-Logan MohtashamiMortgage rates moved massively lower last week without any Federal Reserve rate cuts, primarily because the labor market is getting softer. Can mortgage rates go even …
20 States With the Highest Average Monthly Mortgage Payment
National Mortgage News, Aug. 5, 2024-NMN StaffWhile home prices are still steep, interest rates have fluctuated more recently. LendingTree recently ranked the states with the highest average monthly mortgage payments …
Could ‘Boommates’ Help Ease the Housing Crisis?
WBUR (NPR) Aug. 5, 2024–Claire Donnelly, Deborah BeckerHigh housing costs are pushing more Americans to find roommates, including baby boomers and empty nesters. We take a look at the growing …