CBS News, March 8, 2024-Aimee PicchiBuying a home has become increasingly out of reach for Americans, who are grappling with a double whammy of high interest rates and surging home …
Category: Top National News
Work From Home Data Shows Who’s Fully Remote, Hybrid and in Person
The New York Times, March 8, 2024-Ben Casselman, Emma Goldberg and Ella Koeze The American workplace’s experiment with remote work happened, effectively, overnight: With the onset of the pandemic in …
Slowest Monthly HELOC Originations in Years
Home Equity Lending News, March 4, 2024Monthly originations of open-end home-secured loans slid to the lowest level in at least two years, though a turnaround later this year is possible.Click …
Mortgage Rates Fall Below 7% to Kick Off March
Yahoo Finance, March 7, 2024–Rebecca ChenMortgage rates retreated to the 6% range this week as waning inflation data gives homebuyers a glimmer of hope. The average rate for a 30-year …
Mortgage Relief, New Homes: Biden Pushes Housing Fixes in State of the Union
USA Today, March 8, 2024–Swapna Venugopal RamaswamyPresident Joe Biden used his State of the Union address Thursday to showcase plans to help Americans obtain mortgages and to push down monthly …
FHFA’s Pilot to Waive Lender Title Insurance on Refis Faces Opposition
HousingWire, March 7, 2024–Flávia Furlan Nunes and Brooklee HanPresident Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on …
These Are the U.S. States With the Highest–and Lowest–Average Monthly Rent
CNBC, March 7, 2024-Celia FernandezThis week, bill pay service doxo released its annual Household Bill Pay report, which breaks down how much the average U.S. household spends on essentials, including …
Are Bidding Wars Returning to the U.S. Housing Market?
MPA, March 7, 2024-Fergal McAlindenFrenzied bidding wars were among the most prominent trends to emerge from the U.S. housing market’s pandemic-era boom – but while competition is unlikely to hit …
Average Long-Term U.S. Mortgage Rate Edges Lower for the First Time in Five Weeks
The Wall Street Journal, March 7, 2024-Alex VeigaThe average long-term U.S. mortgage rate edged lower for the first time in five weeks, a welcome shift for home shoppers this spring …
Biden to Propose New $5,000 Tax Credit for First-Time Home Buyers
The Washington Post, March 7, 2024-Rachel Siegel and Jeff SteinPresident Biden will propose a set of new housing initiatives in Thursday’s State of the Union address, including tax credits to …