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 …
Category: Top National News
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 …
Commercial Property Losses Hammer Banks on Three Continents
The Wall Street Journal, Feb. 1, 2024-Margot Patrick, Eliot Brown and Gina HeebInvestors have wondered when the pain from the downturn in commercial property would hit banks. The past 24 …
Congress Scrambles to Fix Housing as Prices Soar
Politico, Feb. 2, 2024-Eleanor Mueller and Katy O’DonnellLawmakers are feeling pressure from voters to take action on housing as Americans are increasingly being priced out of the market.Click here for …
Millennials Have the Children, but Boomers Have the Houses
The New York Times, Feb. 1, 2024-Michael KolomatskyHave you been dreaming of a three-bedroom home? You’re probably a millennial, the generation now likeliest to be raising children. You’re also probably …
House Passes Bill Boosting Low-Income Housing Tax Credits
National Mortgage News, February 1, 2024–Brad FinkelsteinWith overwhelming bipartisan support, the House of Representatives passed a tax reform bill that would restore higher limits for the low-income housing tax credit …
Why Home Buyers Could Win When the Fed Finally Cuts Rates
The Wall Street Journal, Jan. 31, 2024-Veronica DagherMortgage rates are likely to decline gradually as the Federal Reserve starts making interest-rate cuts. The first cuts aren’t expected today, but some …