The Wall Street Journal, Oct. 22, Carol RyanGetting on the property ladder has rarely been tougher for first-time buyers. But a tight housing market isn’t turning out to be a …
Category: Top National News
1 Big Thing: How the Fed Chief Interprets the Bond Rout
Axios, Oct. 20-2023-Neil IrwinLate yesterday, the benchmark 10-year U.S. Treasury yield surpassed 5% for the first time since 2007 (it has since retreated a bit). Today, we go deep on Federal …
Upswing in Office Delinquencies Add to Commercial Real Estate Distress
MPA, Oct. 23, 2023-Candyd MendozaMortgage delinquency rates for commercial and multifamily properties rose for the fourth consecutive quarter, with office delinquencies driving the increase in the third quarter.Click here for …
How WeWork’s Bankruptcy Would Ripple Through Commercial Real Estate
Commercial Observer, Oct. 23, 2023-Mark HallumIs WeWork (WE) in danger of becoming WeWorked?Click here for more (subscription)
Homeowners Are Spending Less on Renovation and Remodels
National Mortgage News, Oct. 23-2023-Spencer LeeThe ongoing surge in mortgage rates is leading to more than just a slowdown in lending, interest in remodeling and renovations is drying up as …
How the Multifamily Industry Survived 2023
GlobeSt.com, Oct. 23, 2023–Natalie DolceThere was a brief window in which borrowers were able to shift to five-year fixed-rate loans but mainly it has been a volatile year.Click here for …
2nd Mortgage Capital Markets Heat Up, Banks Report Home Equity Results
Home Equity Lending News, Oct. 23, 2023The closing of TPMT 2023-CES2 is expected to take place on October 31. The $354 million transaction includes more than 4,800 closed-end second mortgages …
There’s Never Been a Worse Time to Buy Instead of Rent
Wall Street Journal, Oct. 22, 2023–Carol RyanGetting on the property ladder has rarely been tougher for first-time buyers. But a tight housing market isn’t turning out to be a bonanza …
America’s Downtowns Are Empty. Fixing Them Will Be Expensive.
Wall Street Journal, Oct. 21, 2023–Konrad PutzierLonely sidewalks and closed storefronts inspire proposals to recast office districts into neighborhoods where people live, work and raise families.Click here for more. (subscription)
MBA Chairman Reveals Top Priority for 2024
Dodd-Frank Update, Oct. 20, 2023Having been selected as the Mortgage Bankers Association 2024 chairman, Union Home Mortgage President and founder of Amerifirst Home Mortgage Mark Jones shared his top priority …