Commercial Real Estate Direct, July 18, 2024–Orest MandzyDomestic, private-label CMBS issuance remained very healthy during the second quarter, pushing new-issue volume for the first half to $42.29 billion, up nearly …
Category: Top National News
The Actual Cost of Selling
The Housing Scene, July 19, 2024–Lew SichelmanMost people realize they’ll have to pay a hefty commission to sell their homes. But that’s only the half of it, according to new …
In California, a Homebuyer Can Snare 30-Year Mortgage at 5.99%
Orange County Register, July 18, 2024–Jeff LazersonWhile the Freddie Mac average 30-year fixed rate landed at 6.77% this week, its lowest level since mid-March, well-qualified buyers in California can get …
When Will Mortgage Rates Drop to 6%? Here’s What Some Experts Predict
CBS Moneywatch, July 19, 2024–Dori ZinnThe month of June may be hot in terms of temperature, but last month also came with a cooling labor market, ultimately resulting in a …
In California, a Homebuyer Can Snare 30-Year Mortgage at 5.99%
Orange County Register, July 18, 2024–Jeff LazersonWhile the Freddie Mac average 30-year fixed rate landed at 6.77% this week, its lowest level since mid-March, well-qualified buyers in California can get …
Remodeling Rebound Forecast for 2025
The Wall Street Journal, July 18, 2024-Ryan DezemberA widely cited gauge of home renovation and repair spending predicts an upswing early next year, after dipping in 2024.Click here for more …
Mortgage Applications to Purchase New Homes Fall 16% in June
HousingWire, July 18, 2024-Flávia Furlan NunesMortgage applications to purchase new homes fell 16% month over month in June but rose 0.7% year over year, according to a report released Thursday …
Key U.S. Mortgage Rate Drops to Lowest Since March, Freddie Mac Says
Reuters, July 18, 2024-Makailah GauseThe average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a housing …
Opinion: Biden’s Bad Rent-Control Idea Has No Upside
Washington Post, July 18, 2024–Megan McArdleCapping rents dampens an essential signal to developers to build more housing units.Click here for more
Will Basel III Endgame Rewrite Banks’ Role in CRE?
Commercial Property Executive, July 17, 2024–Patricia KirkIt’s clear that new rules for how banks build their balances are coming. But we don’t know when they will come or how substantial …
