CNBC, Oct. 4, 2024-Mike WintersWith homes becoming increasingly unaffordable, more buyers are using an increasingly popular strategy to lower their mortgage rate.Click here for more
Category: Top National News
MBA Names Trigger Lead Bill as Top Legislative Priority
Inside Mortgage Finance, October 4, 2024–Brandon IveyA bill to limit trigger leads has bipartisan support and was included in a defense authorization bill in the Senate during September.Click here for …
Why Mortgage Rates Haven’t Fallen Since the Fed Cut
The Wall Street Journal, Oct. 4, 2024-Telis DemosThe Federal Reserve cut interest rates, then mortgage rates went up. That is a reminder of the complexity of mortgage pricing—and a warning …
Mortgage Rates Climb Slightly After Weeks of Decline
MPA, Oct. 4, 2024-Candyd MendozaMortgage rates have hit a pause after a steady decline, as the latest report from Freddie Mac showed a slight uptick in the 30-year fixed-rate mortgage.Click …
Warehouse Construction Is Tumbling as Vacancy Rates Rise
The Wall Street Journal, Oct. 4, 2024-Liz YoungA contraction in the U.S. warehousing sector is deepening following a period of frenzied expansion during the pandemic.Click here for more
Thousands of Uninsured Homes Were in Helene’s Path
Washington Post, Oct. 4, 2024–Kevin Crowe, Shannon Osaka and Molly Hennessy-FiskeOn average, just a tiny fraction of households in the inland counties hit hardest by Hurricane Helene and its remnants …
Natural Disaster Looming? Here’s What You Can Do to Start Recovery
Miami Herald, Oct. 4, 2024–Lew SichelmanReal estate contributor Lew Sichelman shares a step-by-step guide on how to assess damage, deal with insurance adjusters and contractors.Click here for more
MBA’s Broeksmit Says ‘Harassment, Deception and Distrust From Trigger Leads’ Must End
HousingWire, Oct. 3, 2024-Chris ClowThe Mortgage Bankers Association (MBA) is prioritizing its legislative work on a bill that would ban the practice of trigger leads, in which consumer credit reporting …
You Have Homeowners Insurance. Is It Enough to Rebuild Your House?
The Wall Street Journal, Oct. 2, 2024-Robyn A. FriedmanAre you confident that if your home sustained damage from a fire or hurricane that your homeowners insurance policy would provide sufficient …
Podcast: Mortgage Rates Have Fallen, but Many Renters Still Can’t Afford to Buy
The Wall Street Journal, Oct. 3, 2024The average 30-year mortgage rate has fallen more than a full percentage point over the past year, but many renters remain priced out of …