NPR, May 13, 2024–Alina SelyukhTechnology has long been transforming hotels, and the pandemic accelerated that change.Click here for more
Category: Top National News
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
Housing Market Could Get 4 Million New Potential Buyers This Year
Newsweek, May 10, 2024-Suzanne BlakeThe U.S. housing market could gain 4 million new buyers this year if mortgage rates fall one percentage point, data from the National Association of Home …
Average Mortgage Rates Fall After Weeks of Increases
MPA, May 10, 2024-Candyd MendozaMortgage rates fell this week after a five-week streak of increases, driven by a weaker-than-expected jobs report that eased inflation concerns, according to Freddie Mac’s latest …
Mortgage Rates Drop for the First Time in Five Weeks With Experts Adjusting Their Forecasts
Yahoo Finance, May 10, 2024–Rebecca ChenRecent rate volatility — including this week’s drop from 7.22% and last month’s steady rise — has prompted some financial institutions to modify their mortgage …
U.S. Home Prices Defy Gravity, Soaring in 205 Metro Areas
MPA, May 9, 2024-Candyd MendozaHome prices rose in more than 90% of metropolitan areas across the United States in the first quarter of 2024, driven by a critical lack of …