HousingWire, Feb. 6, 2024-Connie KimBanks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate …
Category: Top National News
Why a Booming U.S. Job Market is Bad News for Homebuyers
Business Insider, Feb. 5, 2024-Filip De MottRed-hot strength in the labor market might calm recessionary fears, but it’s not the greatest update for homebuyers awaiting lower mortgage rates.Click here for …
U.S. Banks See Loan Demand Rising in 2024, Fed Survey Shows
Reuters, February 5, 2024–Ann Saphir, Howard SchneiderU.S. banks anticipate an increase in demand for loans as interest rates fall this year, even as they further tighten credit standards on some …
Home Buyers Are Shopping Again and Finding More Options
The Wall Street Journal, Feb. 5, 2024-Nicole FriedmanFalling mortgage rates boosted home-shopping activity in January, luring the first wave of opportunistic buyers back to the market after last year’s epic …
Is U.S. Homebuilding About to Turn the Corner?
MPA, Feb. 5, 2024-Fergal McAlindenSingle-family home construction in the US has endured a sluggish pace in recent years – but the outlook for 2024 looks decidedly more positive, according to …
Remembering David Stevens: His Leadership and Legacy
HousingWire, Feb. 2, 2024–Sarah Wheeler (video)HousingWire Editor in Chief Sarah Wheeler hosts a special tribute episode for mortgage industry leader David Stevens. Bill Emerson, former MBA Chairman and president and …
Mortgage Rates Jump Back Over 7% as Stronger Economic Data Rolls In
CNBC, Feb. 5, 2024-Diana OlickThe average rate on the popular 30-year fixed mortgage crossed over 7% on Monday for the first time since December, hitting 7.04%, according to Mortgage News …
Housing Market Predictions for the Year Change
Newsweek, Feb. 5, 2024-Omar MohammedA strong jobs market and the Federal Reserve’s signal that it is likely to hold rates but cut at some point during the year sets up …
This Florida Mall Has Gucci, Prada … and Soon, Affordable Housing?
The New York Times, Feb. 5, 2024-Patricia MazzeiIn Bal Harbour, Fla., an oceanside village north of Miami Beach, a luxury mall says it wants to help tackle one of the …
Listen: How the Fed’s Rate Moves Could Help Home Buyers in 2024
The Wall Street Journal, Feb. 2, 2024-J.R. Whalen and Veronica Dagher (podcast)The Federal Reserve is expected to begin reducing interest rates later this year as it gauges the rate of …