Reuters, Dec. 20, 2023-Ann SaphirThe interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled …
Category: Top National News
Americans Decide to Sell Homes as Housing Market Changes
Newsweek, Dec. 20, 2023-Omar MohammedThe used homes market rebounded in November as sellers show a willingness to offload their homes amid a decline in mortgage rate that is offering opportunities …
What Will 2024 Offer Us?
Weekly Real Estate News, Dec. 20, 2023–Phil HallA Phil Hall Op-Ed: Over the past couple of weeks, there have been a number of forecasts about where the U.S. economy in …
How the Housing Market Slowdown Is Rippling Through the Economy in Five Charts
The Wall Street Journal, Dec. 19, 2023-Harriet TorryHigher interest rates from the Federal Reserve caused the housing market to seize up this year, and that is now having spillover effects …
The Office Market Had It Hard in 2023. Next Year Looks Worse.
The Wall Street Journal, Dec. 19, 2023-Peter GrantOffice building owners, hammered by falling demand and high interest rates, struggled in 2023. But they mostly managed to stay afloat. That is …
Mortgage Bankers Association Reports Decrease In Forbearance Rates For November 2023
National Mortgage Professional, Dec. 19, 2023-Christine StuartThe Mortgage Bankers Association says there was a three basis point decrease in the total number of loans in forbearance. As of November 30, …
Investor Appetite for Retail Real Estate Is Heating Up Again
The Wall Street Journal, Dec. 19, 2023-Kate KingBig investment firms that have shunned retail real estate for years are giving the sector a fresh look, the latest sign that this …
Fannie Mae, MBA Economists Still Expect Mild 2024 Recession
Inman, Dec. 19, 2023-Matt CarterThe good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready …
Senior Borrowing, Home Equity Set Records
National Mortgage News, Dec. 19, 2023-Bonnie SinnockSeniors held a record amount of equity in their homes, but also hit a high in terms of the amount of borrowings outstanding they …
Senior Borrowing, Home Equity Set Records
National Mortgage News, December 19, 2023–Bonnie SinnockSeniors held a record amount of equity in their homes, but also hit a high in terms of the amount of borrowings outstanding they …
