National Mortgage News, January 13, 2025-Spencer LeeWhile wildfires rage in the Los Angeles area, California’s governor has issued several executive orders aimed at expediting rebuilding in affected communities.Click here for …
Category: Top National News
Housing Demand Positive, But at Risk from Higher Mortgage Rates
HousingWire, January 11, 2025-Logan MohtashamiOur weekly pending contract data is still positive year over year, but only by 1%, as demand growth has slowed amid higher mortgage rates. What does …
Rumors Aside, Mortgage License Renewals Pacing With 2024
National Mortgage News, January 13, 2025-Maria VolkovaMortgage loan officers are renewing their origination license for 2025 at a comparable pace to last year, contradicting social media chatter within the home …
The U.S. Has More Fancy Apartments Than It Is Able to Fill
The Wall Street Journal, Jan. 10, 2024-Carol RyanThink 15% vacancy rates are only a problem for owners of office towers?Click here for more (subscription)
Seniors’ Home Equity Drops on Lower Values, More Debt
National Mortgage News, Jan. 10, 2024-Brad FinkelsteinSenior home equity declined in the third quarter off of its all-time high, due to lower property values combined with an increase in debt …
Home Tours Rise, but Sales Lag as Mortgage Rates Hit Seven-Month High
MPA, Jan. 10, 2024-Jonalyn CuetoThe new year has brought a modest uptick in home tours, but higher mortgage rates continue to weigh on pending home sales, according to a report …
Agency MBS Issuance Rises in 4Q, Refis Trail Off by Year-end
Inside Mortgage Finance, January 10, 2025-John BancroftMost of the 2024 gains reported by Ginnie Mae, Freddie Mac and Fannie Mae came from an end-of-year rally in refinance activity — and …
Do Patrons Have to Report Home Purchase Gift Money to the IRS?
Orange County Register, Jan. 10, 2025-Jeff LazersonJust about every time a benefactor provides gift funds for a home purchase, two questions come up.Do I have to report the gift to …
California Was Already in Home-Insurance Crisis Before Los Angeles Infernos
The Wall Street Journal, Jan. 9, 2024-Jean Eaglesham and Joe FlintNick Ramirez hunched over a screen in his Los Angeles insurance agency, watching a map tracking the raging wildfires engulfing …
Florida’s Mortgage Market Is in Trouble
Newsweek, Jan. 9, 2024-Giulia CarbonaroFlorida is one of the least affordable states in the country to buy a home, according to the latest data from the Mortgage Bankers Association, as …