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
Category: Top National News
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 …
Rental Home Investors Poised to Benefit as Mortgage Rates, High Home Prices Sideline Buyers in 2025
The Associated Press, Nov. 22, 2024-Alex VeigaLOS ANGELES — Rental homes will remain an attractive option next year to would-be homebuyers sidelinedClick here for more
Early Returns Show Commissions Are Falling
The Housing Scene, November 22, 2024-Lew SichelmanJust a few weeks into the aftermath of the class-action settlement that rocked the real estate world, sales commissions have shrunk. That’s the major …
Time for a Makeover: Trade Groups Want a Revamp of the Major Flood Insurance Program
HousingWire, November 21, 2024-Brooklee Han The National Flood Insurance Program is up for renewal next month, but after more than 30 short-term extensions, housing trade groups want more. (MBA interview) …
Why and How the MSR Market is Consolidating
National Mortgage News, November 21, 2024-Bonnie Sinnock A small group of larger players is dominating in the mortgage servicing rights market and they are paying prices for MSRs that vary …
Bank Regulators to Pause Capital Rule, Other Actions Before Trump Takes Office
Politico Pro, Nov. 20, 2024-Michael Stratford Federal banking regulators installed by President Joe Biden said on Wednesday they would not finalize any major rules before President-elect Donald Trump takes office, …