Barron’s, March 12, 2024-Megan LeonhardtHousing costs, as measured by the Bureau of Labor Statistics’ shelter index, increased 5.7% over the last year, accounting for roughly two-thirds of the total 12-month …
Category: Top National News
In Hospitals, Affordable Housing Gets the Long-Term Investor It Needs
The New York Times, March 12, 2024-Patrick SissonCe’Yann Irving, a mother of a 1-year-old daughter, pays $990 a month for a two-bedroom apartment on the site of a former dairy …
Why the Best Time to Sell a House Is Shifting Later in the Year
Money magazine, March 11, 2024–Pete GrieveIn most years, the best time to list a home for sale is May. But last year, the optimal time to put your house on …
Trade Associations & Lenders Stand Behind Trigger Leads Bill
National Mortgage News, March 12, 2024-Katie JensenA diverse coalition of 23 organizations and lenders, led by the Mortgage Bankers Association (MBA), sent a letter to leadership of the Senate Banking …
Homeowners Scrambling for Cash Breathe New Life Into Second-Lien Mortgage Market
MarketWatch, March 11, 2024–Joy WiltermuthSecond-lien mortgages have been getting a new lease on life as more borrowers tap their homes for cash two years after the Federal Reserve began jacking …
Mortgage Industry Pushes Back on CFPB’s ‘Junk Fee’ Claims
Mortgage Professional America, March 11, 2024–Candyd MendozaThe mortgage banking industry is disputing claims by the Consumer Financial Protection Bureau that excessive “junk fees” are contributing to a lack of housing …
What a $1 Deal Says About America’s Office Market
BBC, March 11, 2024–Natalie Sherman,Four years after the pandemic sparked a revolution in work-from-home practices, especially pronounced in the US, the shift is proving hard to reverse – and the …
How Freddie Mac’s Repurchase Alternative Pilot is Working
National Mortgage News, March 11, 2024–Bonnie SinnockFreddie Mac has made some progress with the fee-based repurchase alternative pilot it announced last year and is anticipating it will have some measurable …
White House Forecasts Somewhat Higher Interest Rates
The Wall Street Journal, March 11, 2024-Nick TimiraosPresident Biden signaled optimism during a campaign event last week that the Federal Reserve was going to cut interest rates soon. The economic …
Survey Says Housing Affordability Is A Top Issue
National Mortgage Professional, March 11, 2024-Christine StuartAs the November 2024 Election approaches, more than half of homeowners and renters say housing affordability is impacting who they plan to vote for …