HousingWire, July 25, 2024-Flávia Furlan Nunes and James KleimannMr. Cooper Group has struck a deal to acquire a third-party origination (TPO) platform and $356 billion in mortgage servicing rights (MSRs), …
Category: Top National News
Mortgage Payments Improve, Boosting Homebuyer Affordability
MPA, July 25, 2024-Candyd MendozaHomebuyers are getting a bit of relief as affordability conditions improved for the second consecutive month, according to the Mortgage Bankers Association (MBA).Click here for more
U.S. Mortgage Rates Climb Slightly, Holding Near a Four-Month Low
Bloomberg News, July 25, 2024-Reid Joseph ChamplinMortgage rates in the US ticked up, sticking close to the lowest level since March.Click here for more (subscription)
America’s Unsold Homes Hit Grim Milestone
Newsweek, July 25, 2024There are 102,000 new completed homes on the U.S. market ready to be occupied, according to the latest data from the U.S. Census Bureau, 50 percent more …
Fannie Mae Adjusts Home Sales Projections
MPA, July 24, 2024-Candyd MendozaFannie Mae’s Economic and Strategic Research (ESR) Group has updated its housing market forecast, downgrading new home sales expectations while upgrading existing home sales projections.Click here …
What a Destructive Hurricane Season Means for the Mortgage Industry
National Mortgage News, July 24, 2024-Courtney Hoff DockertyClimate change has caused an increase in extreme weather, including catastrophic storms and drought, to significantly impact the housing industry. According to preliminary …
Mortgage Demand Drops, as Homebuyers Wait for Lower Rates
CNBC, July 24, 2024-Diana OlickMortgage interest rates eased very slightly last week, but not enough to get today’s potential homebuyers off the fence.Click here for more
Housing Market Best For Renters in These 5 Cities
Newsweek, July 24, 2024-Giulia CarbonaroThe South and Southwest of the country have the cities with the best rental markets in the U.S., according to a recent report by nationwide apartment …
America’s Smallest Apartments Are Getting Even Smaller
Wall Street Journal, July 23, 2024–Neil MehtaDevelopers are thinking small when it comes to studio apartments.Click here for more (subscription)
The Return-to-Office Debate Is Settled: Offices Are Busier Than Ever
Fast Company, July 22, 2024-Nate BergOffices around the country are slowly but steadily seeing workers return. Click here for more