DS News, Nov. 28, 2023–Kyle G. HorstIntercontinental Exchange, Inc’s—better known as ICE—has again released its monthly report highlighting mortgage performance for the month of October 2023, which overall found that …
Category: Top National News
Housing Down Payments Hit All-Time High as Buyers Battle High Mortgage Rates
Fox Business, Nov. 28, 2023-Megan HenneyAmericans are putting down a record amount of money in order to secure a new home as they continue to grapple with high mortgage rates …
Think Companies Are Struggling to Fill Offices? Look at the Government
The Wall Street Journal, Nov. 28, 2023-Peter GrantThe Biden administration is telling federal employees to get back in the office on a more regular basis. It isn’t having much better …
Mortgage REITs See Jump in Loan Repayments in 2Q, Remain On Lending Sidelines
CRE Direct, Nov. 28, 2023–Orest MandzyThe major mortgage REITs saw loan repayments skyrocket in the second quarter by nearly 80% when compared with the first. This contributed to the 2.5% …
AI Will Kill (Some) Mortgage Jobs. One Exec Says That’s a Good Thing
National Mortgage News, November 28, 2023–Maria VolkovaKatherine Campbell, former chief marketing officer at AnnieMac Home Mortgage, is no stranger to jumping into something new.Click here for more. (subscription)
Inflation Fears Explain A Seeming Housing Market Mystery
Forbes, Nov. 27, 2023-Milton EzratiHousing has become increasingly expensive. According to the National Association of Realtors, mortgage rates on average have risen by more than a full percentage point over …
U.S. Homes Owned Mortgage-Free Increases to an All-Time High
MPA, Nov. 27, 2023-Jonalyn CuetoNew data from the US Census Bureau shows that the share of US homes that are owned outright increased by 5% between 2012 and 2022. This …
Freddie Mac Reveals the Latest on Mortgage Rates
MPA, Nov. 27, 2023-Jonalyn CuetoFreddie Mac has released its latest Primary Mortgage Market Survey (PMMS), revealing an average of 7.29% in the 30-year fixed rate mortgage (FRM), down from the …
Seniors Housing Performing Better Than Pre-Pandemic
GlobeSt, Nov. 27, 2023-Richard BergerSeniors housing’s recovery is powering ahead of pre-pandemic performance numbers, according to a new report from Marcus & Millichap.Click here for more
The Other Housing Crisis: Too Many Sick, Aging Homes
Bloomberg News, Nov. 27, 2023-Patrick SissonThe Summerdale apartments used to look a lot like many other housing complexes in low-income parts of US cities. It’s a compound of low-slung suburban-style …