Bloomberg, Feb. 23, 2023–Jennifer Epstein, Paige SmithCompanies including Rocket Cos., Amplify Credit Union and Better are pitching incentives to cover the cost of future refinancing to buyers who lock in …
Category: Top National News
What’s Behind the Rise of Title Fraud in Canada?
Mortgage Professional America, Feb. 23 2023–Fergal McAlindenOne of the most troubling trends in the Canadian housing market during the opening months of 2023 has been a spike in title fraud, …
That 3% Mortgage Just Keeps Getting Better
Bloomberg opinion, Feb. 23, 2023–Conor SenAs the Fed pushes interest rates higher, homeowners who secured ultra-cheap loans during the pandemic can invest in low-risk Treasuries that earn enough to significantly …
Buyers are on a Mortgage Rate Roller Coaster
Builder magazine, Feb. 23, 2023–Leah DraffenThe peaks and valleys of mortgage interest rates have left some home buyers off the ride. The historic lows had 2020 and early 2021 buyers …
U.S. Mortgage Interest Rates Jump to Highest Level Since November – MBA
Reuters, Feb. 22, 2023–Lindsay DunsmuirThe average interest rate on the most popular U.S. home loan rose last week to its highest since November as bond markets took fright that the …
Toll Brothers Had an Earnings Beat. Buyer Confidence Is on the Upswing, CEO Says.
Barrons, Feb. 22, 2023–Shaina Mishkin (subscription)Buyers of Toll Brothers properties had returned to the housing market even as mortgage rates increased, the company’s CEO said Wednesday. (MBA mention)https://www.barrons.com/articles/toll-brothers-earnings-stock-price-c22540d
Forbearance Volume Falls Across All Investor Types in January
DS News, Feb. 22, 2023–Eric C. PeckThe latest Loan Monitoring Survey from the Mortgage Bankers Association found the total number of loans now in forbearance nationwide decreased by six basis …
How Hybrid Work Is Changing Offices of the Future
Wall Street Journal, Feb. 22, 2023–Ray A. Smith (subscription)Leading architects and real-estate developers are pioneering concepts aimed at workers who are splitting their time between home and office, and they …
Little Distress Likely For Multifamily As 2023 Continues
GlobeSt.com, Feb. 22, 2023–Lynn PollackMultifamily will likely experience little distress this year, despite a deceleration in debt origination since the beginning of 2022.https://www.globest.com/2023/02/22/little-distress-likely-for-multifamily-as-2023-continues/?
Little Distress Likely For Multifamily As 2023 Continues
GlobeSt.com, Feb. 22, 2023–Lynn PollackMultifamily will likely experience little distress this year, despite a deceleration in debt origination since the beginning of 2022.https://www.globest.com/2023/02/22/little-distress-likely-for-multifamily-as-2023-continues/?