HousingWire, Jan. 8, 2024-Flávia Furlan NunesTop-15 U.S. mortgage lender loanDepot confirmed Monday morning that it is the industry’s latest cyberattack victim. The incident has brought loanDepot’s systems down.Click here to …
Category: Top National News
Sliding Mortgage Rates are Helping to Thaw the Frozen Housing Market, Redfin Says
Business Insider, January 8, 2024–George GloverThere’s finally a glimmer of hope for the housing market, according to Redfin.Click here for more.
Mortgage Rate Decline Pulls Buyers Back Into the Housing Market
CNBC, Jan. 8, 2024–Diana OlickThe spring housing market might be getting underway a little early this year. A recent slide in mortgage rates pushed buyers back into the market. Supply …
Canada Offers Cities Money to Spur Home Building
Wall Street Journal, Jan. 7, 2024–Paul VieiraArmed with a multibillion-dollar war chest, Canada is offering money to cities to ditch zoning restrictions that thwart residential construction as the country deals …
Offices Around America Hit a New Vacancy Record
Wall Street Journal, Jan. 8, 2024–Konrad PutzierAmerica’s offices are emptier than at any point in at least four decades, reflecting years of overbuilding and shifting work habits that were accelerated …
Nation’s Biggest Hospital Landlord Suffers New Losses
The Wall Street Journal, Jan. 5, 2024-Jonathan WeilMedical Properties Trust, the country’s largest hospital landlord, said it would record about $350 million of write-downs related to its largest tenant, which …
Mortgage Rates Pause Their Decline
The Wall Street Journal, Jan. 4, 2024-Ben EisenMortgage rates paused their decline after falling for nine straight weeks. Click here to read (subscription)
Demolishing Homes That Sustain Hurricane Damage Can Improve Local Economy
Scientific American, Jan. 5, 2024-Thomas Frank and E&E NewsLocal property values and business development increased after a large government program was used to purchase flood-damaged homes in the wake of …
With Credit Card Debt Rising, Homeowners Can Borrow to Ease Payment Pain
Orange County Register, Jan. 5, 2024–Jeff LazersonMortgage rates are falling as household debt is climbing.As of Jan. 4, the Freddie Mac 30-year fixed sat at 6.62, 1 basis point higher …
HELOC Outlook Strong at Non-Banks, Weak at Banks
Home Equity Lending News, January 3, 2024–Angela RoseNon-bank originators of home-equity lines of credit enjoyed an expansion in the third quarter and are anticipating the same this year. But at …