CNBC, May 13, 2024-Jeff CoxConsumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel …
Category: Top National News
Priced Out of Housing, Communities Take Development Into Their Own Hands
The New York Times, May 13, 2024-Keith SchneiderAs the owner of the coffee retailer Higher Grounds Trading Company, Chris Treter had a problem: Business was booming, but his new hires …
Are U.S. Interest Rates High Enough to Beat Inflation? The Fed Will Take Its Time to Find Out
Associated Press, May 13, 2024-Christopher RugaberThe sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials …
Foreclosures Leave Long-Term Scars on Homeownership Rates
MPA, May 13, 2024-Candyd MendozaA new study by the Federal Reserve Bank of New York reveals the lasting financial consequences of foreclosure for millions of Americans.Click here for more
With ‘Bleisure’ and Fewer Workers, the American Hotel is in Recovery
NPR, May 13, 2024–Alina SelyukhTechnology has long been transforming hotels, and the pandemic accelerated that change.Click here for more
Stubbornly High Rents Prevent Fed From Finishing Inflation Fight
Wall Street Journal, May 11, 2024–Nick TimiraosFor more than a year, the central bank has expected slowing rent increases to show up in official housing measuresClick here for more (subscription)
How to Calibrate Mortgage Employee Comp for Uncertain Times
National Mortgage News, May 13, 2024–Brad FinkelsteinCrafting a compensation package that allows mortgage companies to recruit or retain the employees they desire has to strike a balance between offering a …
How Rich Homebuyers are Avoiding High Mortgage Rates
Yahoo Finance, May 13, 2024–Janna HerronThe all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting …
Video–Homeless or Overhoused: Boomers Are Stuck at Both Ends of the Housing Spectrum
The Wall Street Journal, May 9, 2024Older baby boomers aren’t moving out of their homes, while younger boomers reaching retirement now are increasingly facing homelessness. We break down this trend …
Commercial, Multifamily Originations Stall as Owners Hold Off on Major Moves
MPA, May 10, 2024-Candyd MendozaCommercial and multifamily mortgage loan originations fell in the first quarter as the market stagnated, according to the Mortgage Bankers Association (MBA).Click here for more