Bloomberg News, Nov. 2, 2023-Patrick Clark and Prashant GopalIt sometimes feels as if the US housing market is in a never-ending affordability crisis, with prices continually rising and inventory shrinking. …
Category: Top National News
Mortgage Rates Dip From Highest Level Since 2000
The Wall Street Journal, Nov. 2, 2023-Ben EisenMortgage rates fell for the first time in nearly two months.Click here for more (subscription)
Fed Leaves Interest Rate Unchanged – Mortgage Industry Reacts
MPA, Nov. 2, 2023-Tony CantuWednesday’s decision by the Federal Reserve to keep its interest rate unchanged seems to suggest the economy is slowing down to its liking. But that’s something …
The US Housing Market Has Become an Impossible Mess
Bloomberg, Nov. 2, 2023–Patrick Clark and Prashant GopalIt sometimes feels as if the US housing market is in a never-ending affordability crisis, with prices continually rising and inventory shrinking. The …
Heard on the Street: These Cities Have the Unhappiest Homeowners
The Wall Street Journal, Nov. 1, 2023-Justin LahartAmerican home prices are back on an upswing. Not everyone is feeling the love. Click here for more (subscription)
Millennials Found as Most Pressured by Sky-High Mortgage Rates – Report
MPA, Nov. 1, 2023-Jonalyn CuetoNew data indicates Millennials are spending significantly on housing as many of them were not ready to buy a home and capitalize on the historically low …
Adjustable-Rate Mortgage Demand Jumps Nearly 10% as Buyers Struggle to Afford Housing Market
CNBC, Nov. 1, 2023-Diana OlickAs mortgage rates hover near the highest level in more than two decades, homebuyers are turning to riskier mortgage products to help them get into a …
MBA CEO Calls FSOC Proposal to Regulate Non-Banks “Unnecessary”
MPA, Nov. 1, 2023-Jonalyn CuetoBob Broeksmit, Mortgage Bankers Association’s (MBA) president and CEO, shared in a blog post his insights on the Financial Stability Oversight Council’s (FSOC) proposal in spring …
One of the Touchiest Housing Decisions: Do We Stay or Do We Go?
The New York Times, Nov. 1, 2023-Joanne KaufmannThere are 39 steps from the spot Gerry Goldsholle and his wife, Myra Levenson, park the car at their four-level wood frame house …
MBA Cautions Against FSOC Designations for Nonbank Mortgage Companies
Inside Mortgage Finance, Nov. 1, 2023–Brandon IveyOn Nov. 3, the Financial Stability Oversight Council plans to discuss guidance on how the council of regulators will apply a “systemically important financial …