The Wall Street Journal, April 29, 2024-Ben EisenMortgage rates are back above 7%, sending home buyers in search of ways to trim the cost of their loans.Click here for more …
Category: Top National News
FHFA Releases Q4 2023 National Mortgage Database
National Mortgage Professional, April 29, 2024-Katie JensenThe Federal Housing Finance Agency (FHFA) released its National Mortgage Database (NMDB) as is required by the Housing and Economic Recovery Act of 2008 …
Can Turning Office Towers Into Apartments Save Downtowns?
The New Yorker, April 29, 2024-D.T. MaxThere are about a thousand real-estate developers in New York City. Nathan Berman is one of them, and he’s become rich doing it. But, …
These New Managerial Cities are the True Winners of Remote Work
Washington Post, April 29, 2024–Andrew Van DamIn the typical metro area for which we have data, people are now about 36 percent more likely to work for managers in another …
It’s Not Just the Fed Driving Up Your Mortgage Rate
Wall Street Journal, April 29, 2024–Ben EisenCredit scores and other factors have a growing impact on borrowing costsClick here for more (subscription)
New Home Sales Inch Higher Despite 7% Mortgage Rates: ‘There’s More Opportunity,’ Economist Says
CNBC, April 26, 2024–Ana Teresa SoláWhile the spring housing market has been plagued with low supply, high prices and spiking interest rates, would-be homebuyers are focusing on new construction.Click here …
April CPI Preview: Impact Of Rising Shelter Costs On Interest Rates
Forbes, April 24, 2024–Simon MooreProgress on disinflation has largely stalled so far in early 2024 data, that’s after steady improvements since mid 2022. That’s a problem for the Federal Open …
Majority of U.S. Residents Say They’ve Faced Housing Discrimination
National Mortgage News, April 25, 2024–Spencer LeeA majority of U.S. residents say they’ve faced some form of housing discrimination, but less than half think laws addressing it might apply to …
Originations Steady in First Quarter, UWM on Top
Inside Mortgage Finance, April 26, 2024–Brandon IveyAn estimated $315.0 billion of first-lien mortgages were originated in the first quarter, level compared with the previous quarter, according to a new ranking …
Mortgage Rates Climb for Fourth Week in a Row, Taking ‘The Wind Out of the Sails’ of the Housing Market
MarketWatch, April 26, 2024–Aarthi SwaminathanMortgage rates rose for the fourth week in a row in yet another blow to housing affordability. (MBA mention)Click here for more