HousingWire, May 7, 2024-Sarah MarxMortgage rates eased slightly last week after a cooler-than-expected jobs report. Additionally, the 10-year Treasury yield fell after Friday’s jobs report.Click here for more (subscription)
Category: Top National News
Single Women Are More Likely to Own Homes Than Single Men. Why?
The Hill, May 7, 2024-Alejandra O’Connell-DomenechSingle women in the United States are outpacing single men in homeownership.Click here for more
Correspondent Channel Loses Share in Agency Market
Inside Mortgage Finance, May 7, 2024–Andras MalatinszkyCorrespondent volume declined at a somewhat faster rate in the first quarter of 2024 than issuance of agency mortgage-backed securities overall, according to a …
Return to the ’70s? Today’s Housing Market has Echoes of Dark Era
Yahoo Finance, May 6, 2024–Gabriella Cruz-MartinezHigh inflation and a disappointing report on economic growth — followed by a sudden drop in stocks late last month — made for a familiar …
Homeowners Spend Nearly $18,000 a Year on Costs Aside From Their Mortgage
Hastings (Neb.) Tribune, May 7, 2024–Laura ChapmanA new survey from Real Estate Witch found homeowners spend an average of $17,958 annually on home expenses such as maintenance, taxes, utilities, and …
Trade Groups Express Concerns on VA Timeline for Defaulted Loan Purchase Program
HousingWire, May 6, 2024-Chris ClowRepresentatives of the Mortgage Bankers Association (MBA) and the Housing Policy Council (HPC) are urging leaders at the U.S. Department of Veterans Affairs (VA) to delay …
Property’s Waiting Game Is Getting Harder
The Wall Street Journal, May 5, 2024-Carol RyanHigher-for-longer rates are forcing commercial property owners to rethink their options.Click here for more (subscription)
Renters Have Never Been So Pessimistic About the Possibility of Owning a Home
Quartz, May 6, 2024-Rocio FabbroThe prospect of owning a house has never felt more out of reach for renters.Click here for more
When Buying a Home Is Treated as a National Security Threat
The New York Times, May 6, 2024-Amy Qin and Patricia MazzeiAfter years of living in dorms and subpar apartments, Lisa Li could not wait to close on her new home.Click …
How America’s Pent-up Housing Demand Will Be Unleashed
Newsweek, May 8, 2024-Giulia CarbonaroA cooling down of the U.S. labor market could encourage the Federal Reserve to finally lower interest rates, National Association of Realtors’ Chief Economist Lawrence Yun …