The New York Times, March 28, 2024-Michael KolomatskyThe median price for a single-family home in the United States rose about 40 percent from 2019 to 2022, peaking at $480,000 before …
Category: Top National News
Can Homebuyers Afford Down Payments Without Help From family?
MPA, March 28, 2024-Candyd MendozaBuying a home is getting harder for younger generations, with more than a third of Gen Z and millennials turning to family for help.Click here for …
NAR, MBA Ask for Clarification on Underwriting Rules
HousingWire, March 28, 2024-Brooklee HanThe National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are asking federal housing officials to confirm their treatment of interested party contributions (IPCs) …
Mortgage Refinancing Stalls as Housing Market Struggles
Newsweek, March 27, 2024–Omar MohammedMortgage loans refinancing declined for the week ending March 22, contributing to a drop in home loans applications even as interest rates decelerated, data from the …
The Trillion-Dollar Housing Debt: Which States are Adding the Most Mortgage Debt?
Deseret News, March 27, 2024–Emma PittsAccording to a recent WalletHub report, the U.S. has more than $12 trillion in total mortgage debt. How much each state carries in household debt …
Construction Firms Go Circular as They Try to Meet Demand for Greener Office Buildings
The Wall Street Journal, March 27, 2024-Yusuf KhanHundreds of feet above the British capital’s Canary Wharf financial district, an office tower under construction grows taller as it draws materials from …
Spread Between Corporate Debt and CRE Mortgages Hits 24-Year High
Globe St., March 27, 2024-Erik ShermanIn its recent look at U.S. capital trends, using the most recent data through 2023, MSCI look at what it called debt snapshots — a …
What the Shift Toward Deferrals Means for Mortgage Servicing
National Mortgage News, March 27, 2024-Bonnie SinnockPayment deferrals that became widely utilized in the government-sponsored enterprise market during the pandemic are gaining on modifications, suggesting part of the pandemic’s legacy …
Mortgage Demand Stalls, Even as Interest Rates Moderate
CNBC, March 27, 2024-Diana OlickThe usually busy spring housing market is underway, but mortgage demand isn’t moving. Application volume was essentially flat last week, dropping 0.7% compared with the previous …
Need Help With Missed Mortgage Payments in California? Apply Soon: Money is Running Out
Los Angeles Times, March 27, 2024–Jon HealeyDid a pandemic-related financial crunch leave you with mortgage troubles? The state may be able to help, but not for much longer.Click here for …