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 …
Category: Top National 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 …
Why Major U.S. Cities Are Becoming a Problem for Foreign Banks
The Wall Street Journal, Feb. 2, 2024Why are U.S. commercial real estate problems rapidly going global? The reasons are actually quite local.Click here for more (subscription)
Mortgage Rates Edge Lower as the Fed Holds Rate Steady
MPA, Feb. 2, 2024-Candyd MendozaMortgage rates remained stable thanks to a strong economy and solid job and income growth that set the stage for a more robust housing market, according …
Employers Are Desperate to Hold Onto Working Parents and They’re Building More Childcare Centers in the Office
Fortune, Feb. 2, 2024-Paige McGlauflinCompanies are increasingly offering in-house childcare as part of a bid to hold onto working parents. Click here for more (subscription)
ABCs of Home Equity Valuations
Home Equity Lending News, Feb. 2, 2024Home-equity lenders have a range of valuation alternatives to traditional appraisals depending on the characteristics of the property. These alternatives utilize a combination of …
Powell Navigates ‘Toxic’ Politics of Rate Cuts as Election Nears
The Wall Street Journal, Feb. 1, 2024-Nick TimiraosFor Federal Reserve Chair Jerome Powell, deciding when to cut interest rates is hard enough: Too soon, and inflation could rise again. Too …
Nine-Figure Home Sales Are Skyrocketing. ‘Soon $100 Million Will Be $200 Million.’
The Wall Street Journal, Jan. 31, 2024-E.B. SolomontIt has been nearly 20 years since the country’s first $100 million home sale, but in some ways the market is just taking …