National Mortgage News, Dec. 1, 2023-Spencer LeeHome affordability decreased at the start of the fourth quarter, with monthly payments up 2% in October, according to the Mortgage Bankers Association.Click here …
Category: Top National News
Credit Reports Will Be More Expensive for Mortgage Lenders in 2024
Housing Wire, Dec. 1, 2023-Flávia Furlan NunesMortgage originators will pay more to access consumer credit reports in 2024, reigniting complaints from mortgage lenders and trade associations.Click here for more (subscription)
Mortgage Rates Will Decline Further, Economic Signs Indicate
National Mortgage News, Dec. 1, 2023–Spencer LeeThe 30-year average declined for the fifth consecutive week, as purchase demand picking up at the same time, according to Freddie Mac.Click here for …
Servicing Income Helping to Prop Up Lenders
Inside Mortgage Finance, Nov. 30, 2023–John BancroftIncome from production and secondary marketing among a group of 21 publicly traded mortgage companies was flat in the third quarter of 2023. Meanwhile, …
Homebuyer Affordability Conditions Slipped Further in October
The MReport, Dec. 1, 2023–Eric C. PeckAccording to the Mortgage Bankers Association’s latest Purchase Applications Payment Index, homebuyer affordability further declined in October, with the national median payment applied for …
How Restaurant Companies Are Navigating a Messy Real Estate Market
Nation’s Restaurant News, Nov. 30, 2023-Alicia KelsoThe restaurant real estate market has been a bit messy as of late, to say the least. Demand is high. Inventory – especially for …
Mortgage Rates Hit Lowest Level Since September
The Wall Street Journal, Nov. 30, 2023Mortgage rates fell for a fifth straight week, bringing them to the lowest level in more than two months.Click here for more (subscription)
Mortgage Payment Spike Signals Tough Times for Buyers
MPA, Nov. 30, 2023-Candyd MendozaThe cost of buying a home became even more burdensome for many in October, with mortgage application payments increasing by 2%.Click here for more
The Housing Market Is Thawing as New Listings Jump by the Most in Over 2 Years and Mortgage Payments Drop
Markets Insider, Nov. 30, 2023-Aruni SoniRelief may be coming for the frozen over housing market.Click here for more
Mortgage REITs See Big Loan Repayments
Globe St., Nov. 30, 2023-Erik ShermanMany recent reports on commercial real estate focus on loan maturity, delinquency, and special servicing. It’s easy to forget that these are not the majority …