Markets Media, Aug. 1, 2024The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), was joined by all Committee Republicans in a letter to Federal Reserve Chairman Jerome Powell. …
Category: Top National News
These are The 10 Fastest-Growing Housing Markets in the U.S.
Quartz, Aug. 1, 2024–Rocio FabbroRemote and flexible work has driven many Americans out of city centers and towards the suburbs. This has resulted in massive population booms in several once-quiet …
Mortgage Activity Falls for Second Straight Week
National Mortgage News, July 31, 2024-Spencer LeeHome lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association.Click here for more (subscription)
Mortgage Industry Needs New Strategies for Distressed Borrowers – MBA
MPA, July 31, 2024-Candyd MendozaThe Mortgage Bankers Association is calling on the mortgage industry to develop new intervention policies to better support distressed borrowers.Click here for more
Surprise, Housing Cost to Income Ratio Has Barely Changed
HousingWire, July 31, 2024-Aziz SunderjiAlthough Americans have complained about high housing costs for decades, their concerns have taken on a fevered pitch recently. At first glance, these concerns seem reasonable: …
Can 3D Printing Impact Affordable Housing Stock? HUD Thinks So
HousingWire, July 31, 2024-Chris ClowFollowing a $600,000 research grant to the city of Nome, Alaska, that was issued last year, senior officials at the U.S. Department of Housing and Urban …
Home Equity Lending Flat in 2023 as Outstanding Debt Increased: MBA
HousingWire, July 29, 2024-Chris ClowHome equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according …
Housing Affordability Is ‘Moving in the Right Direction,’ Economist Says. Here’s What to Know
CNBC, July 30, 2024-Ana Teresa SoláHome affordability has slightly improved for buyers this summer, according to a recent report.Click here for more
Mortgage Rates Set to Soar for Over 100,000 Americans
Newsweek, July 30, 2024-Giulia CarbonaroThousands of homeowners who took adjustable-rate mortgage loans (ARMs) five years ago are set to see their rates suddenly skyrocket as the initial offer they accepted …
The Housing Market Is Shifting—Here’s Where It’s Happening
Fast Company, July 30, 2024-Lance LambertTo offer a better understanding and overview of the current resale housing market, we compiled a few interactive maps from a few of ResiClub‘s recent …