Home Equity Lending News, Nov. 20, 2023Federal regulators — including the Federal Reserve Board, Consumer Financial Protection Bureau, and Office of the Comptroller of the Currency — are raising the …
Category: Top National News
Office Landlords Can’t Get a Loan Anymore
Wall Street Journal, Nov. 20, 2023–Konrad PutzierThe office sector’s credit crunch is intensifying. By one measure, it’s now worse than during the 2008-09 global financial crisis.Click here for more. (subscription)
The Housing Market May be at a Standstill–Americans are Growing More Psychologically Attached To Their Homes Than Ever
Fortune, November 20, 2023–Miles NadalIn 2023, the residential real estate market’s headwinds have become headlines. By now, we are all familiar with the toll that higher interest rates, inflation, and …
In Market Hampered by Interest Rates, New Homes are Leading the Way. Here’s Why.
Miami Herald, Nov. 20, 2023–Lew SichelmanThe new home market is thriving, mostly because builders can satisfy demand, even at higher loan costs. With apologies to Charles Dickens, the housing market …
Homebuying Fires Back Up as Rates Decline 3rd Week in a Row
Orange County Register, Nov. 17, 2023–Jeff LazersonOn Monday morning, Nov. 13, I revved up my mortgage engine and found that well-qualified borrowers could get a 30-year conventional, fixed-rate loan without …
Congrats, Your House Made You Rich. Now Sell It.
The Wall Street Journal, Nov. 16, 2023-Justin LahartForget the old slogan about there never being a better time to buy a home. For baby boomers, there might never be a …
How Does the Fed Affect Mortgage Interest Rates?
CNBC, Nov. 17, 2023-Jason StaufferThe Federal Reserve spent much of 2022 and 2023 bumping the federal funds rate higher in an effort to curb inflation. Although the Fed doesn’t directly …
One Winner From the Growing Soft Landing Narrative: Housing Stocks
The Wall Street Journal, Nov. 17, 2023-Hardika SinghHousing stocks are rallying on hopes that the Federal Reserve will be able to pull off a soft landing. Click here for more …
The N.Y.C. Neighborhood Where Families Are Filling Up Empty Offices
The New York Times, Nov. 17, 2023-Matthew HaagFor all the talk about converting New York City’s languishing office buildings into housing, just one neighborhood has done it on a large …
YIGBY Movement Expects Big 2024
Axios San Diego, Nov. 17, 2023-Andrew KeattsA new state law that will be effective in January will make it much easier for religious institutions to build housing on their land. …