The Wall Street Journal, Dec. 4, 2023-Peter GrantReal-estate developers are launching a series of residential projects in San Francisco, responding to new efforts by the state and city to create …
Category: Top National News
Real-Estate Developers Chase Outer Space Business in Florida
The Wall Street Journal, Dec. 5, 2023-Konrad PutzierHines is developing a sprawling industrial park near Florida’s Cape Canaveral, aiming to cash in on the booming aerospace industry.Click here for more …
Life Insurers Binge on U.S. Financing Aimed at Helping Housing
Reuters, Dec. 5, 2023-Koh Gui Qing Major life insurers are accessing cheap funding at record levels from a U.S. government-backed financing system, sapping billions of dollars meant to help increase …
Home Price Hikes Expected in 2024
National Mortgage News, Dec. 5, 2023-Brad FinkelsteinEven though the U.S. housing market will continue to be anemic during 2024 due to affordability challenges and a tough economic environment, values should …
Not If, But When For Real Estate Fraud
National Mortgage Professional, Dec. 5, 2023–Lew Sichelman“Be careful when things seem odd…If something feels off, it probably is.”Click here for more. Pages 11-12.
Assumable Mortgages are Having a Moment. Will it Last?
National Mortgage News, December 04, 2023–Kyle CampbellHigher interest rates and rising home prices have breathed new life into an often overlooked option for housing financeClick here for more. (subscription)
Homebuyers Unwilling to Wait for Home Price, Rate Drops
National Mortgage News, December 4, 2023–Brad FinkelsteinProspective homebuyers are apparently less patient about market conditions than six months ago, with a significant percentage no longer willing to wait for prices …
Buyers Battle High Mortgage Rates, Expensive Real Estate in Search for Homes
NBC News, Dec. 4, 2023 (Video)High mortgage rates and expensive real estate have locked many Americans out of buying a home. Christine Romans details what it takes for buyers to …
Another Rate Hike Could Trigger U.S. Recession: CIO
Reuters, December 4, 2023 VideoU.S. Federal Reserve officials appear on track to end the year with interest rate hikes as a thing of the past but with a coming challenge …
Rising Credit Report Costs Cast Shadow on FHFA’s Credit Score Overhaul
Mortgage Professional America, Dec. 4, 2023–Candyd MendozaThe Federal Housing Finance Agency is moving forward with its plan to update credit score models and credit report requirements for loans acquired by …