The New York Times, Feb. 28, 2024-Ben CasselmanThe Federal Reserve may have a housing problem. At the very least, it has a housing riddle.Click here for more (subscription)
Category: Top National News
Warehouse Boom Fades, and the Hopes of a California Region Fade With It
Wall Street Journal, Feb. 27, 2024–David HarrisonAs e-commerce soared, warehousing jobs in San Joaquin County surged too. Did the area bet too heavily on one industry?Click here for more (subscription)
Fed Rate Cuts Are Likely to Be Slow–But Not Necessarily Steady
Bloomberg, Feb. 27, 2024–Steve MatthewsThere’s a saying about how the Federal Reserve manages interest rates: They go up the escalator and down the elevator. This time, it will likely be …
How No-Cost Mortgages Save Buyers Money When Rates Come Down
Orange County Register, February 26, 2024–Jeff LazersonRumor is that the Fed might drop short-term rates three times in 2024. That’s good news for homebuyers as fixed-rate mortgages tend to follow …
Can IKEA Save the Mall?
Wall Street Journal, Feb. 26, 2024–Trefor MossThe furniture giant has bought a string of locations and says it can rejuvenate them with co-working spaces and Nordic foodClick here for more …
Fed’s Williams Says Interest-Rate Cuts are ‘Likely Later This Year’
National Mortgage News, February 23, 2024–Alexandra HarrisFederal Reserve Bank of New York President John Williams said the economy is headed in the right direction, and it will likely be appropriate …
Colorado has Allocated Millions of Dollars This Year to Governments and Housing Organizations Planning to Build Affordable Units
Colorado Sun, Feb. 26, 2024–Tatiana FlowersFunds from Proposition 123, the 2022 ballot measure aiming to increase affordable housing stock in Colorado, are helping to create more of these units.Click here …
U.S. Treasury Yields Fall as Investors Look to Key Economic Data
CNBC, Feb. 26, 2024–Sophie KiderlinU.S. Treasury yields declined on Monday as investors awaited key economic data set to be published this week which could provide hints about the outlook for …
What Companies Need to Know When Accounting for Leap Day
The Wall Street Journal, Feb. 23, 2024-Mark MaurerWhat a difference a day makes. Or does it?Click here for more (subscription)
Non-Banks Better Positioned for Rising HELOC Volume
Home Equity Lending News, February 20, 2024–Angela RoseAlthough a jarring jump in interest rates left home-equity line-of-credit lending lower last year, the second half of this year is expected to …