Reuters, November 25, 2024-Ann Saphir and Rhea Rose AbrahamFederal Reserve Bank of Minneapolis President Neel Kashkari, typically on the hawkish end of the U.S. central bank’s policy spectrum, said on …
Category: Top National News
How Big is the US Housing Shortage?
NPR, Nov. 25, 2024-Wailin Wong, Adrian Ma, Corey Bridges, Kate ConcannonHousing affordability is a top concern for Americans and a hot political topic. Estimates for the number of needed homes …
Podcast: For Some Unwed Couples, Buying a New Home Comes Before Marriage
The Wall Street Journal, Nov. 25, 2024The number of unmarried couples who bought a house before they got married has risen by almost 50% from 10 years ago, according to …
This Is How Home Buyers Decide Where to Live Next
National Mortgage News, Nov. 25, 2024-Brad FinkelsteinGetting the best deal isn’t everything to prospective homebuyers. In fact, being closer to friends and family was the primary driver for relocating during …
HELOCs With Expanded Criteria Are Trending Among Lenders
National Mortgage News, Nov. 25, 2024-Bonnie SinnockMore mortgage companies have moved into expanded-parameter home equity line of credit programs recently as rated securitizations have grown and volumes are set to …
Most People Who Move Do It To Save on Housing
National Mortgage Professional, Nov. 25, 2024-Lew SichelmanWhy are so many people leaving California for Arizona? In a word, housing costs.Click here for more
Florida Housing Market Dips as Hurricanes, Insurance Hikes Impact Sales in Local Areas
12 News, Nov. 25, 2024-Dani TravisThe red-hot housing market is somewhat cooling down in our area.Click here for more
Bessent to be Treasury Nominee, Trump Taps Turner for HUD
National Mortgage News, November 22, 2024-Kyle CampbellPresident-elect Donald Trump announced two cabinet nominations Friday evening that will shape his administration’s financial policies. Trump tapped Scott Bessent, a billionaire donor and …
Mortgage Applicants See Surging Rejection Rates
National Mortgage News, Nov. 21, 2024-Spencer LeeMortgage application rejections surged in 2024, with refinance borrowers experiencing the highest rate of “no” in over 10 years, according to research by the …
Fix-and-Flip Investors Say They’re Discouraged by Higher Mortgage Rates, Home Prices
HousingWire, Nov. 22, 2024-Kennedy EgertonAs low inventory levels, elevated mortgage rates and rising home prices keep the housing industry stagnant, short-term real estate investors — aka fix-and-flippers — faced market …