Inside Mortgage Finance, May 15, 2024–Paul MuoloFlagstar Bancorp, whose parent bank recently underwent a liquidity crisis, last night announced it agreed to sell roughly $5 billion in outstanding warehouse loans …
Category: Top National News
A 20% Home Down Payment Isn’t ‘the Law of the Land,’ Analyst Says. Here’s How Much People Are Paying
CNBC, May 14, 2024-Ana Teresa SoláConsumers are putting down more money to buy a home — but the typical down payment is still much less than you might expect.Click here …
Housing Market Map Shows States With Fastest Growing Demand
Newsweek, May 14, 2024-Joe Edwards Midwest and southern states saw some of the fastest growing demand for housing so far in 2024, research shows.Click here for more
Housing Prices in Florida, Texas Will Become ‘More Affordable’: Redfin CEO
Fox Business, May 14, 2024-Alicia WarrenThe Federal Reserve’s handling of rate cuts will play a vital role in the housing market’s affordability this year, but one expert says certain states …
Big-Name Funds Pile Into Real Estate Debt as Banks Retreat
Reuters, May 14, 2024-Iain WithersSome of the world’s largest investors are making deeper inroads into lending to commercial property, as they snap up market share from retreating banks and bet …
The Fed’s Housing Market Dilemma, As Told By One Chart
Fast Company magazine, May 14, 2024–Lance LambertThere has been a lot of media attention paid to the cooling rental market. While many observers are correct in noting the softening of …
Sky-High Housing Costs Propel Construction of Rental Homes
Wall Street Journal, May 14, 2024–Will ParkerDevelopers are building new houses for rent at an unprecedented rate, aiming to capitalize on the steep home prices and higher mortgage rates that …
Will Mortgage Rates Fall After This Week’s Inflation Report?
CBS News, May 14, 2024–Matt RichardsonObservers are waiting for the Bureau of Labor Statistics’ inflation report for April. What that report shows (or fails to show) will go a long …
New Florida Law Roils Its Condo Market Three Years After Surfside Collapse
The Wall Street Journal, May 13, 2024-Deborah AcostaIvan Rodriguez leapt at the chance to buy a unit at the Cricket Club, an exclusive bay-front condominium in North Miami. In 2019, …
Why Second Mortgages Could Make a Comeback
Axios, May 13, 2024-Felix SalmonFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses.Click here for …