Inside Mortgage Finance, Nov. 17, 03–John BancroftProduction of government-insured loans and conventional-conforming loans was down 2.9% from the second quarter to an estimated $330 billion in the third, according to …
Category: Top National News
Biden Signs Funding Bill, Avoiding Government Shutdown
MSNBC, Nov. 17, 2023President Joe Biden on Thursday signed the stopgap funding bill passed by the Senate Wednesday night, punting the threat of a government shutdown until after the holidays.Click …
Mortgage Rates Fall for Third Straight Week, Bringing Some Homeseekers Off the Sidelines
CNN, Nov. 16, 2023–Anna BahneyMortgage rates fell for the third straight week and applications to purchase a home increased by the most in five weeks, in a promising sign for …
Freddie Mac to Test New Repurchase Alternative in 2024
National Mortgage News, Nov. 17, 2023–Bonnie SinnockInstead of buybacks, performing loans could be subject to fees related to defect rates, with some exceptions made for small lenders that deliver a …
Squeezed Property Owners Put Their Faith in the Fed
The Wall Street Journal, Nov. 16, 2023-Carol RyanThe Fed might be done raising rates. But can the cost of debt drop fast enough to save struggling landlords?Click here for more …
Mortgage Rates Fall Again
The Wall Street Journal, Nov. 16, 2023-Gina HeebMortgage rates fell, potentially offering some reprieve to the struggling housing market. Click here for more (subscription)
What Are the Country’s Hottest Rental Markets?
The New York Times, Nov. 16, 2023-By Michael KolomatskyWhat are the hottest rental markets in New York these days? The answers may come as a surprise: According to a new …
By How Much Will U.S. Home Prices Rise in 2024?
MPA, Nov. 16, 2023-Abigail AdriaticoThe average price of a home in the US is likely to post an increase of around 3-4% next year, according to House Buyers of America …
US Bond Rally Points to More Affordable Housing Market
Reuters, November 15, 2023–Amina NiasseGrowing confidence that U.S. bond yields have hit their peak and could head lower from here looks set to make the housing market more affordable in …
Congress Passes Funding Bill to Avert Government Shutdown
CNN, November 16, 2023–Maureen Chowdhury, Tori B. Powell and Kaanita IyerThe U.S. Senate late Wednesday passed a stopgap bill to keep the government open, averting a shutdown for now while …
