Business Insider, Sept. 19, 2024-Eliza Relman and Juliana KaplanRep. Alexandria Ocasio-Cortez, a New York Democrat, and Sen. Tina Smith, a Minnesota Democrat, on Wednesday introduced legislation in the House and …
Category: Top National News
In a Major Shift, the U.S. Government Explores Giving Renters Cash, Not Vouchers
NPR, Sept. 19, 2024-Jennifer LuddenThe Department of Housing and Urban Development is exploring the idea of giving struggling Americans cash aid instead of vouchers. That might seem like an unlikely, …
What the Fed’s Rate Cut Means for Consumers, Businesses and Investors
The Washington Post, Sept. 18, 2024-Taylor Telford and Julie Zauzmer WeilThe Federal Reserve cut interest rates this week for the first time in four years, putting an end to its …
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The New York Times, Sept. 19, 2024-Danielle KayeMortgage rates dropped again this week, extending a monthslong decline fueled by expectations of a cut in interest rates by the Federal Reserve, …
Podcast: MBA’s Bob Broeksmit on the Latest Wins for IMBs
HousingWire, Sept. 19, 2024On today’s episode, Editor in Chief Sarah Wheeler talks with Bob Broeksmit, the president and CEO of the Mortgage Bankers Association, about the latest news for independent …
Mortgage Rates Are Coming Down — and Home Buyers Are Ready to Pounce
The Washington Post, Sept. 19, 2024-Abha Bhattarai and Rachel SiegelFor Americans mulling a home purchase, this week’s interest rate cut meant just one thing: It’s time to get back in …
Don’t Expect 3% Mortgage Rates, Even With Fed Cuts
The Wall Street Journal, Sept. 18, 2024-Gina Heeb and Nicole FriedmanThe era of ultralow mortgage rates in the U.S. is unlikely to return anytime soon, even as the Fed cuts …
Dollar Stores Expand Aggressively Even as Sales Shrink
The Wall Street Journal, Sept. 17, 2024-Kate KingDollar stores are contending with slowing sales and weaker earnings. That is not stopping them from pursuing an aggressive real-estate expansion.Click here for …
Millennials and Gen Z Embrace Co-ownership to Make Homeownership Dreams Come True
CBS News, Sept. 18, 2024-Nancy Chen and Analisa NovakThe real estate market is as challenging as ever, particularly for first-time buyers. According to the National Association of Realtors, the average …
2024 Set to Mark 30-Year Low for Existing Home Sales: Fannie Mae
MPA, Sept. 18, 2024-Candyd MendozaExisting home sales are on track to hit their lowest level in nearly 30 years, Fannie Mae’s Economic and Strategic Research (ESR) Group said.Click here for …