Barron’s, Feb. 23, 2024-Bill AlpertThe year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate.Click here …
Category: Top National News
Modest Growth Expected In Housing Market Despite Lingering Affordability Challenges
National Mortgage Professional, Feb. 23, 2024-Christine StuartFannie Mae forecasts a slow rise in existing home sales and new single-family housing starts amid lower mortgage rates and strengthening sentiment.Click here for …
What Many Get Wrong About the US Office Market
Globe St., Feb. 23, 2024-Erik ShermanThe issue, says Brookfield, isn’t too much stock for demand, but not enough.Click here for more (subscription)
Why Large Servicers’ Net Operating-Income Seems to Have Spiked
National Mortgage News, Feb. 22, 2024-Bonnie SinnockServicing has benefited mortgage lenders otherwise struggling with profitability and Mortgage Bankers Association numbers presented at a conference Thursday suggest it gave large players …
Housing Prices Rose at Fastest Pace Since October 2022: WSJ Market Takes
The Wall Street Journal, Feb. 22, 2024Home prices jumped in January as the market bounced back from the weakest year for existing home sales in almost 30 years. The Journal’s …
Condominiums Gaining Ground in U.S. Mortgage Market – Fannie Mae
MPA, Feb. 22, 2024-Mika PangilinanAmid a persistent national housing shortage, Fannie Mae has published a study highlighting the growing significance of condominiums in the US mortgage market, alongside the risks …
Mortgage Rate Predictions Change as Housing Market Stalls
Newsweek, Feb. 22, 2024-Alexander FabinoHomebuyers are bracing for a tougher market as mortgage rates inch higher, experts say, reflecting the Federal Reserve’s cautious stance on interest rate cuts amid fluctuating …
Average Long-Term U.S. Mortgage Rose Again This Week to Highest Level Since Mid-December
Associated Press, Feb. 22, 2024-Alex VeigaThe average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just …
Disasters Forced 2.5 Million Americans From Their Homes Last Year
The New York Times, Feb. 22, 2024-Aidan GardinerAn estimated 2.5 million people were forced from their homes in the United States by weather-related disasters in 2023, according to new data …
Home Sales Likely Rebounded in January After Last Year’s Sharp Decline
The Wall Street Journal, Feb. 22, 2024-Nicole FriedmanSales of previously owned homes, which make up most of the housing market, will likely show an increase in January, economists said, following …