MPA, Dec. 15, 2023-Abigail AdriaticoCommercial and multifamily mortgage debt outstanding saw a slight increase in the third quarter of 2023.Click here for more
Category: Top National News
American Dream Deferred: Why Housing Prices May Pose a Problem for Biden
The New York Times, Dec. 15, 2023-By Jeanna Smialek, Jim Tankersley and Conor DoughertyCameron Ambrosy spent the first weekend of December going to 10 open houses — purely for research …
America’s Office Market Will Plunge Another 20% in Value Next Year and Will Take Decades to Climb Back to Its Peak
Business Insider, Dec. 15, 2023-Jennifer SorAmerica’s office market is still in the midst of a major correction, and office buildings still have another 20% price plunge ahead, according to Capital …
2024 Housing Predictions: Title Insurance and Commission Rates Will Tumble
Orange County Register, Dec. 15, 2023–Jeff LazersonThe New Year looks promising for homebuyers looking to save on certain costs such as title insurance and mortgage rates. Here’s a look at …
Senators Introduce Bill Targeting Mortgage Trigger Leads
HousingWire, Dec. 15, 2023–Chris ClowA coalition of bipartisan lawmakers in the U.S. Senate on Wednesday introduced legislation targeting the practice of mortgage trigger leads. The MBA supports the bill and …
Refinances Fuel Uptick in Mortgage Application Activity
Weekly Real Estate News, Dec. 15, 2023–Phil HallMortgage application activity was on the rise again, according to data from the Mortgage Bankers Association for the week ending Dec. 8.Click here …
What Fed Rate Cuts Mean for Home Buyers in 2024
The Wall Street Journal, Dec. 14, 2023-Veronica DagherGetting a mortgage should be slightly less painful in 2024.Click here for more (subscription)
Fed Reserve Rate Decision – Mortgage Industry Reacts
MPA, Dec. 14, 2023-Tony CantuIt’s been a while since there’s been much to cheer about in the mortgage industry. Yet the decision by the Federal Reserve to leave rates at …
Mortgage Rates Fall Below 7% For First Time Since Summer
The Wall Street Journal, Dec. 14, 2023-Gina HeebMortgage rates dropped below 7%, a key psychological threshold for would-be buyers and sellers who have been paralyzed by dramatic declines in affordability …
MBA and NMSA Push for Changes in FHA’s Loss Mitigation Policy
MPA, Dec. 14, 2023-Candyd MendozaMortgage trade groups have raised concerns about the practicality and implementation of the Federal Housing Administration’s (FHA) revised loss mitigation proposal, suggesting it could be more …