Commercial Observer, June 3, 2024-Mike SeemuthMoney-losing sales of loans secured by offices and other types of struggling commercial real estate are gaining momentum. Banks in particular appear to be offering …
Category: Top National News
Rising Housing Costs Anchor Renters in Place
MPA, June 3, 2024-Candyd MendozaRenters are less likely to pick up and move than they were a decade ago, as soaring housing costs have priced many out of homeownership.Click here …
Industry Experts Closely Watch ARM Resets Amid Higher Rate Environment
HousingWire, June 3, 2024-Flávia Furlan NunesAfter falling out of favor due to their role in the 2008 housing crash, adjustable-rate mortgages (ARMs) have gained popularity over the past few years.Click …
This Simple Thing Might be the Top Reason Your For-Sale Home Gets Buyers’ Attention
Miami Herald, June 3, 2024–Lew SichelmanTurns out the Five Man Electrical Band was wrong when they sang, “Sign, sign, everywhere a sign” — signs aren’t everywhere. Not “For Sale” signs, …
MBA’s Killmer on Election Stakes for Mortgage Players
National Mortgage News, June 3, 2024–Andrew MartinezWith the November elections set to impact future policies and laws affecting real estate and housing finance professionals, one of the biggest trade groups …
Zero-Down Mortgages Are Making a Comeback
CNN, May 30, 2024-Matt EganMany Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment.Click here for more
Hurricane Ian Walloped Cape Coral, Fla. Two Years Later Housing Costs Have Spiked
NPR, May 31, 2024-Greg AllenCAPE CORAL, Fla. — The Atlantic Hurricane Season, which starts Saturday, is forecast to be an especially active year.Click mhere for more
Commercial Real Estate Insurance Costs to Double as Climate Change Intensifies
MPA, May 3, 2024-Candyd MendozaClimate change will continue to drive up insurance costs for commercial real estate owners and significantly impact the profitability of insurers, according to Deloitte’s “Financial Services …
U.S. Mortgage Delinquency Rates Remain Near Historic Lows: CoreLogic
HousingWire, May 30, 2024-Sarah MarxIn March 2024, the national delinquency rate for residential mortgages stood at 2.8% for the third month in a row, up slightly from March 2023, according …
Jumbo Lending Declines in First Quarter
Inside Mortgage Finance, May 31, 2024–Brandon IveyA number of banks reduced their jumbo originations in early 2024 and nonbanks aren’t fully picking up the slack.Click here for more (subscription)