Fast Company, March 21, 2024-Lance LambertIn the face of spiked interest rates, U.S. homeowners have actually fared better than their international counterparts.Click here for more
Category: Top National News
U.S. Home Sales Jumped 9.5% in February
The Wall Street Journal, March 21, 2024-Will Parker and Nicole FriedmanHome sales rose in February from the month prior, marking the first time in more than two years that sales …
Mortgage Rates Move Higher on Systemic Volatility
National Mortgage News, March 21, 2024–Brad FinkelsteinMortgage rates finally reacted to the recent hotter-than-expected inflation reports this week, with the average for the 30-year loan rising 13 basis points, Freddie …
Mortgage Rates Unlikely to Dip After Fed Meeting Leaves Rates Unchanged
USA Today, March 21, 2024–Zach WichterThe Federal Reserve’s announcement of no immediate rate changes and three cuts before the end of the year is unlikely to bring relief to homebuyers.Click …
Location (Data) Is Everything for Retailers Opening Stores
The Wall Street Journal, March 19, 2024-Kate KingWhen executives at retailer Untuckit considered locations for a new store on Long Island, N.Y., they initially dismissed a location they felt was …
Mortgage Application Volume Drops By 1.6%
National Mortgage Professional, March 20, 2024-Erica DrzewieckiThe Mortgage Bankers Association (MBA) released the results of its weekly survey, indicating mortgage applications decreased by 1.6% for the week ending March 15.Click …
Apartment Permits Are Back to Recession Lows. Will Mortgage Rates Follow?
HousingWire, March 19, 2024-Logan MohtashamiIn Tuesday’s report, the 5-unit housing permits data hit the same levels we saw in the COVID-19 recession. Once the backlog of apartments is finished, those …
Biden Makes Case for Housing Proposals in Las Vegas Speech
HousingWire, March 20, 2024-Chris ClowIn a speech given at Stupak Community Center in Las Vegas on Tuesday, President Joe Biden continued to pitch his administration’s new housing proposals, which he …
Ginnie MBS Issuance Up Nearly 10% in February
Inside Mortgage Finance, March 20, 2024–Brandon IveyIssuance of Ginnie Mae mortgage-backed securities increased in February, driven by refinances.Click here for more (subscription)
US Single-Family Housing Starts Soar in February
WTAQ/Reuters, March 19, 2024–Lucia MutikaniU.S. single-family homebuilding rebounded sharply in February amid mild temperatures and a persistent shortage of previously owned houses on the market.Click here for more