The Wall Street Journal, March 11, 2024-Nick TimiraosPresident Biden signaled optimism during a campaign event last week that the Federal Reserve was going to cut interest rates soon. The economic …
Category: Top National News
Survey Says Housing Affordability Is A Top Issue
National Mortgage Professional, March 11, 2024-Christine StuartAs the November 2024 Election approaches, more than half of homeowners and renters say housing affordability is impacting who they plan to vote for …
Biden’s Budget Underscores Divide With Republicans and Trump
The New York Times, March 11, 2024-Jim TankersleyPresident Biden on Monday proposed a $7.3 trillion budget packed with tax increases on corporations and high earners, new spending on social programs …
Mortgage Industry Pushes Back on CFPB’s ‘Junk Fee’ Claims
MPA March 11, 2024-Candyd MendozaThe mortgage banking industry is disputing claims by the Consumer Financial Protection Bureau that excessive “junk fees” are contributing to a lack of housing affordability for …
Miami’s Office Market Was Red-Hot. Now Its Tallest Planned Tower Can’t Fill Its Space.
Wall Street Journal, March 11, 2024–Deborah AcostaThe challenges swirling around a skyscraper known as One Brickell City Centre, which at around 1,000-feet high would be Miami’s tallest corporate tower, show …
No Relief This Year for Homebuyers, Industry Insiders Predict
Orange County Register, March 11, 2024–Jeff LazersonHigh home prices. High mortgage rates. No inventory. What is the home price tipping point? What will create more for housing inventory?Today, I’ve asked …
Biden Signs Major Government Funding Bill Just in Time to Prevent a Shutdown
NBC News, March 9, 2024–Kate Santaliz and Sahil KapurPresident Joe Biden on Saturday signed a major government funding bill into law, defusing fears of a partial shutdown. A White House …
Less Money, Less House: How Market Forces are Reshaping the American Home
Washington Post, March 10, 2024–Abha BhattaraiMajor homebuilders are prioritizing narrower houses with fewer doors, windows and cabinets. Median homes sizes are at a 13-year low.Click here for more
How This Sleek Affordable Housing Project in Maryland Became a Reality
Fast Company magazine, March 11, 2024–Adele PetersA sleek new apartment building in a D.C. suburb doesn’t look like public housing. There’s an onsite yoga studio, a theater room, and a …
Home Buyers Rush to Get Mortgages as Rates Drop
Newsweek, March 7, 2024-Omar MohammedMortgage rates declined slightly, helping to spur a rush in new home loan applications, according to the Mortgage Bankers Association (MBA), after weeks of depressed activity …