The Hill, March 21, 2024-Julia ShaperoThe White House took aim at local zoning restrictions for their role in driving rising housing costs in the president’s annual economic report Thursday.Click here …
Category: Top National News
There’s One Benefit That Would Entice People to Sacrifice Remote Work, a Survey Found
Business Insider, March 21, 2024-Cork GainesHousing affordability is a problem in the US, and helping with those costs could be the carrot companies need to get employees back to the …
A Bright Spot of the U.S. Housing Market: Very Little Variable Mortgage Debt
Fast Company, March 21, 2024-Lance LambertIn the face of spiked interest rates, U.S. homeowners have actually fared better than their international counterparts.Click here for more
U.S. Home Sales Jumped 9.5% in February
The Wall Street Journal, March 21, 2024-Will Parker and Nicole FriedmanHome sales rose in February from the month prior, marking the first time in more than two years that sales …
Mortgage Rates Move Higher on Systemic Volatility
National Mortgage News, March 21, 2024–Brad FinkelsteinMortgage rates finally reacted to the recent hotter-than-expected inflation reports this week, with the average for the 30-year loan rising 13 basis points, Freddie …
Mortgage Rates Unlikely to Dip After Fed Meeting Leaves Rates Unchanged
USA Today, March 21, 2024–Zach WichterThe Federal Reserve’s announcement of no immediate rate changes and three cuts before the end of the year is unlikely to bring relief to homebuyers.Click …
Location (Data) Is Everything for Retailers Opening Stores
The Wall Street Journal, March 19, 2024-Kate KingWhen executives at retailer Untuckit considered locations for a new store on Long Island, N.Y., they initially dismissed a location they felt was …
Mortgage Application Volume Drops By 1.6%
National Mortgage Professional, March 20, 2024-Erica DrzewieckiThe Mortgage Bankers Association (MBA) released the results of its weekly survey, indicating mortgage applications decreased by 1.6% for the week ending March 15.Click …
Apartment Permits Are Back to Recession Lows. Will Mortgage Rates Follow?
HousingWire, March 19, 2024-Logan MohtashamiIn Tuesday’s report, the 5-unit housing permits data hit the same levels we saw in the COVID-19 recession. Once the backlog of apartments is finished, those …
Biden Makes Case for Housing Proposals in Las Vegas Speech
HousingWire, March 20, 2024-Chris ClowIn a speech given at Stupak Community Center in Las Vegas on Tuesday, President Joe Biden continued to pitch his administration’s new housing proposals, which he …