MPA, Dec. 11, 2024-Candyd MendozaMore borrowers are turning to non-qualified mortgages (non-QM), home equity lines of credit (HELOCs), and second mortgages, according to the latest report from Mortgage Capital Trading …
Category: Top National News
Mortgage Refinance Demand Surges 27%, as Interest Rates Drop for the Third Straight Week
CNBC, Dec. 11, 2024-Diana OlickMortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current homeowners to look for some savings. The surge …
Young Families to Drive Sales, Price Gains Next Year
National Mortgage Professional, Dec. 10, 2024-Lew SichelmanSome markets to see sizable bump up in 2025 sales, while others will struggle to overcome affordability challengesClick here for more
Mortgage Rates Cool Again Ahead of the Fed’s December Meeting
HousingWire, Dec. 10, 2024-Neil PiersonAfter briefly crossing the 7% threshold, mortgage rates have moved lower in the past two weeks. And they have the potential to continue dropping by the …
Wall Street Is Betting Billions on Rental Homes as Ownership Slips Out of Reach
The Wall Street Journal, Dec. 10, 2024-Rebecca PicciottoWall Street firms buying or developing single-family homes are betting billions of dollars on people like Adrianne Harlow.Click here for more (subscription)
2024 Was the Year Return to Office Finally Tipped in Real Estate’s Favor
Commercial Observer, Dec. 10, 2024-Larry GetlenPick your positive.Nationwide, more newly available office space was occupied than vacated in the third quarter of 2024 for the first time in two years, …
Boomers Downsizing Could Redefine Housing Market — but Coastal Affordability Issues May Persist
Globe St., Dec. 10, 2024-Mario MarroquinA surge of homes hitting the market as Baby Boomers downsize is expected to boost housing supply in lower-density areas across the U.S. over the …
Mortgage Credit Nosedives In November
National Mortgage Professional, Dec. 10, 2024-Ryan KingsleyMortgage credit declined sharply in November, with government indices reaching their lowest levels since 2012 according to updated figures from the Mortgage Bankers Association …
New York City’s Biggest Office Landlord Offers a Glimpse of the Market’s Comeback
The Wall Street Journal, Dec. 9, 2024-Peter GrantFew property owners felt the office-market turmoil as intensely as SL Green Realty.Click here for more (subscription)
15% of Maturing CRE Loans May Struggle to Refinance
Globe St., Dec. 9, 2024-Kristen SmithbergLending markets should experience some relief from high financing costs if the Fed continues to cut interest rates over the next few months — but …