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
Category: Top National News
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
High-Quality Commercial Real Estate Bonds Default at Alarming Rate
MPA, July 23, 2024-Candyd MendozaThe turmoil in commercial real estate is now affecting what was once considered the safest segment of the market – bonds backed by loans on high-quality …
20 States Where Mortgage Delinquency Is Increasing the Most
National Mortgage News, July 23, 2024-NMN StaffSome mortgage delinquency is inevitable, but when it starts to grow across a state, the state’s economy could struggle.Click here for more
U.S. Existing-Home Sales Drop to One of Slowest Paces Since 2010
Bloomberg News, July 23, 2024-Michael SassoExisting-home sales in the U.S. slumped to one of the slowest paces since 2010 in June, as sellers wait for mortgage rates to fall further …
NYCB Closes Sale of About $6 Billion Mortgage Warehouse Loans to JPMorgan Chase
Reuters, July 22, 2024–Arasu Kannagi BasilRegional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall Street …
The Worst May be Over For Homebuyers
CNN, July 23, 2024–Samantha DelouyaAfter the last few years of skyrocketing home prices and elevated mortgage rates, Americans have been feeling overwhelmingly dejected about their prospects of buying a home. …
Spread Widens Between Home Equity Rates at Banks, Credit Unions
Home Equity Lending News, July 22, 2024Average quarterly interest rates on credit unions’ home-equity lines of credit retreated, while HELOC rates at banks escalated — causing the spread between the …