National Mortgage News, January 25, 2024–Brad FinkelsteinLast year’s vintage of non-qualified mortgage-backed securities is resulting in higher delinquencies than those produced in 2022 due to weaker collateral and underwriting attributes, …
Category: Top National News
How a Bridge Loan Can Help Homebuyers Avoid Dreaded Contingency
Orange County Register, Jan. 25, 2024–Jeff LazersonFew home sellers have the appetite to accept offers from contingent buyers. A bridge loan, though expensive, could be one solution for homebuyers looking …
Well Into Adulthood and Still Getting Money From Their Parents
The Wall Street Journal, Jan. 25, 2024-Julia CarpenterParents have always supported their children into adulthood, from funding weddings to buying a home. Now the financial umbilical cord extends much later …
Mortgage Rates Rise to Highest Level in a Month
The Wall Street Journal, Jan. 25, 2024-Gina HeebMortgage rates rose to their highest level since December.Click here for more (subscription)
Americans Are Rethinking Refinancing Their Homes
Newsweek, Jan. 24, 2024-Omar MohammedAmericans appear to have paused on refinancing home loans amid a slight uptick in mortgage rates, but prospective owners are still prepared to plunge into the …
U.S. Economy Defies Expectations With Robust 3.3% Growth In Q4 2023
National Mortgage Professional, Jan. 25, 2024-Christine StuartThe U.S. economy demonstrated resilience by expanding at a 3.3% annualized pace in the final quarter of 2023, according to data released by the …
Dip in Mortgage Payments Sparks Homebuyer Optimism
MPA, Jan. 25, 2024-Candyd MendozaIn a positive turn for prospective homebuyers, the Mortgage Bankers Association (MBA) reported an improvement in housing affordability in December.Click here for more
SEC Wants Some Banks to Disclose More on Commercial Real-Estate Exposure
The Wall Street Journal, Jan. 25, 2024-Mark MaurerThe Securities and Exchange Commission is questioning some community and regional banks about their exposure to commercial real estate in their loan portfolios, …
Investment Flowing To Affordable Multifamily
Weekly Real Estate News, Jan. 25, 2024–Rick GrantWhile low income home buyers are still struggling with housing affordability and low housing inventory, multifamily developers are attracting investments that are enabling …
Housing Is Now Unaffordable for a Record Half of All U.S. Renters, Study Finds
NPR, Jan. 25, 2024-Jennifer LuddenOver the past two years, Genuine Campbell was shocked at how rent for her two-bedroom apartment in Philadelphia just kept going up — from $1,300 a …