Newsweek, March 13, 2024-Omar MohammedHomeowners took the opportunity to refinance their home loans in the week ending March 8 as rates fell, contributing to a jump in mortgage applications, the …
Category: Top National News
It’s Hard to Beat That 7% Mortgage Rate. These Charts Show Why.
Wall Street Journal, March 14, 2024–Ben EisenThe usual workarounds for high borrowing rates aren’t helping buyers much.Click here for more (subscription)
Concrete Is One of the World’s Worst Pollutants. Making It Green Is a Booming Business.
The Wall Street Journal, March 12, 2024-Konrad PutzierBill Gates, Jeff Bezos and former Los Angeles Laker Rick Fox are part of a new wave of investors and entrepreneurs looking to …
Goldman Sachs to Resume Bets on U.S. Property, Other Investors Warn of More Pain
Reuters, March 13, 2024-Iain WithersGoldman Sachs Asset Management will resume “actively investing” in U.S. commercial property this year because the market is bottoming out, its real estate head said, while …
Mortgage Application Volumes Increase for Second Straight Week
National Mortgage News, March 13, 2024-Spencer LeeNew home loan applications increased for the second week in a row, with refinances seeing a notable bump upward thanks to a decline in …
Weekly Mortgage Demand Jumps Again as Interest Rates Fall Just Below 7%
CNBC, March 13, 2024-Diana OlickMortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with …
$22 Trillion Worth of the Housing Market—or 44% of All Homes in the U.S.—Is at Risk of Severe or Extreme Damage From Environmental Threats
Fortune, March 13, 2024-Alena Botros Climate risk is a $22 trillion problem for the housing market—and it’s only set to keep growing. Almost 44.8% of homes across the country, worth …
Lenders Score Win as IRS Sidelines Plan to Restrict Tax Data
National Mortgage News, March 13, 2024–John ReostiThe IRS says it heard the objections raised by small-business lenders to its plan to block access to loan applicants’ income and other tax-related …
Mortgage Predictions: What Today’s Inflation Report Means for Mortgage Rates
CNET, March 12, 2024–Katherine WattSticky inflation data could push off Fed interest rate cuts and send mortgage interest rates even higher.Click here for more
California Is Home to the Most Expensive Housing Markets in the U.S.: See a Nationwide Breakdown
USA Today, March 12, 2024-Sara ChernikoffCalifornia is one of the largest and most populous states in the U.S. – it’s also one of the most expensive places to live. According …