The Wall Street Journal, Oct. 10, 2023-Veronica Dagher Downsizing from a big house to a smaller dwelling is a rite of passage for retirees hoping to simplify their lives and …
Category: Top National News
Adjustable-Rate Mortgages Surge With Lending Near Longtime Lows
National Mortgage News, Oct. 11, 2023-Spencer LeeA drop in the adjustable-rate mortgage average provided some lift to loan activity last week, as beleaguered trade groups sought help from the Federal …
U.S. Mortgage Rate Climbs to Fresh Multi-Decade High of 7.67%
Bloomberg News, Oct. 11, 2023-Augusta Saraiva U.S. mortgage rates advanced last week to the highest level since 2000, keeping a lid on home-buying activity.Click here for more (subscription)
Adjustable-Rate Mortgages Surge with Lending Near Longtime Lows
National Mortgage News, Oct. 11, 2023–Spencer LeeA drop in the adjustable-rate mortgage average provided some lift to loan activity last week, as beleaguered trade groups sought help from the Federal …
FHFA Nears Target Date for Final Rule on Capital Framework
National Mortgage News, Oct. 10, 2023–Bonnie SinnockThe Federal Housing Finance Agency may soon deliver another capital rule update to a mortgage industry that’s juggling other ongoing and potential policy changes …
Office Vacancies Have Soared to a 20-Year High, Showing Just How Tough It Is to Get Workers to Return
Insider, Oct. 10, 2023-Hasan Chowdhury CEOs may want workers back at their desk, but it seems many offices are staying stubbornly empty.Click here to read
The Cost of Homeownership Spiraled Upwards Last Year. Here’s What Happened
CNN, Oct. 10, 2023-Anna BahneyEverything about financing a home purchase surged last year, from mortgage rates to fees and discount points, according to a report from the Consumer Financial Protection …
U.S. Housing Industry Raises Alarm on Fed’s Monetary Policies
MPA, Oct. 10, 2023-Candyd Mendoza A housing coalition has penned a letter to the Federal Reserve, voicing its growing concerns over the unsettling impacts of the Fed’s monetary policies on …
Housing Industry Urges Powell to Stop Raising Interest Rates or Risk an Economic Hard Landing
CNBC, Oct. 10, 2023-Jeff CoxTop real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and …
U.S. Universities and Colleges Face a Huge Demand for On-Campus Housing
NPR, Oct. 10, 2023-Maya FawazThe housing crisis has prompted many schools to get creative. For example: turning single-occupancy rooms into doubles and doubles into triples, or study rooms into bedrooms.Click …