CNN, Dec. 20, 2024-Bryan MenaAmerica’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost …
Category: Top National News
The Fed Cut Rates. Mortgage Costs Went Up.
The Wall Street Journal, Dec. 20, 2024-Sam GoldfarbHopes were high that the Federal Reserve could make homes more affordable by cutting interest rates. So far, mortgage rates are rising instead.Click …
Life Insurance Companies Boost Their Commercial Mortgage Debt
MPA, Dec. 20, 2024-Candyd MendozaThe amount of commercial and multifamily mortgage debt grew by $47.7 billion, or 1%, in the third quarter of 2024, bringing the total to $4.75 trillion, …
Fannie, Freddie Recap Has Better Odds for Success Today
National Mortgage News, Dec. 19, 2024-Brad FinkelsteinAn updated analysis from the Congressional Budget Office suggests that recapitalizing Fannie Mae and Freddie Mac is more financially feasible than it was four …
Mortgage Industry Reacts to Fed’s Third Rate Cut
MPA, Dec. 19, 2024-Candyd MendozaThe Federal Reserve reduced interest rates by 0.25% at its December 18 meeting, the third rate cut of the year. While the move was anticipated by …
Even Mobile-Home Prices Keep Rising
New York Times, Dec. 19, 2024-Matt YanThe U.S. housing market is on track for its second straight year of historically sluggish sales, the result of scant inventory, high prices and …
Listen: Can Empty-Nesters Boost Housing Affordability?
NPR, Dec. 19, 2024-Wailin Wong, Darian Woods, Corey Bridges, and Kate ConcannonThe “silver tsunami” of aging Americans is often seen as a potential way to alleviate the country’s housing affordability …
Office Rebound Expected in 2025 While Other Real Estate Stocks to See Trouble
Bloomberg News, Dec. 19, 2024-Norah MulindaIt’s been a challenging couple of years for real estate stocks since the Federal Reserve started raising interest rates in 2022, as borrowing costs soared …
Powell’s Remarks Shoot Mortgage Rates Higher
HousingWire, Dec. 18, 2024-Logan MohtashamiThe fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell …
Commercial Mortgage Delinquencies Climb, Led by CMBS Loans
MPA, Dec. 19, 2024-Candyd MendozaCommercial mortgage delinquencies rose across all major capital sources in the third quarter of 2024, according to the latest Commercial Delinquency Report from the Mortgage Bankers …