The National Observer, Nov. 18, 2024-Ashley FaheyMost of the deals in motion are office-to-multifamily conversions.Click here for more (subscription)
Category: Top National News
Mortgage Rates Dodge a Bullet–For Now
HousingWire, Nov. 18, 2024-Logan MohtashamiLast week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher. We also had …
These Baby-Chasing Grandparents Are Turbocharging Demographic Shifts
The Wall Street Journal, Nov. 16, 2024-Heather GillersGillian Held wanted her daughter to grow up around her grandparents. But moving from suburban Orlando back to New Jersey would have meant …
MMI Fund Capital Reserve is Now 5X Larger Than Required
HousingWire, November 15, 2024-Chris ClowHUD and the FHA reported a solid year of financial performance for the Mutual Mortgage Insurance Fund, covering FHA’s Title II Single Family Mortgage Insurance programs. …
Dropping Homeowners Coverage Could Prove Costly
The Housing Scene, Nov. 15, 2024-Lew SichelmanIf you’re a homeowner who’s considering canceling your insurance coverage due to the high cost, think twice. Your lender will most certainly object, assuming …
America’s Homes Are Piggy Banks That Few People Can Afford to Raid
Wall Street Journal, Nov. 15, 2024-Carol RyanOnly a minority of mainly older homeowners are in a position to take advantage of the historic run-up in house pricesClick here for more …
Boston Fed President Says December Rate Cut Isn’t a ‘Done Deal’
Wall Street Journal, Nov. 15, 2024-Nick TimiraosA Federal Reserve official said the central bank could eventually need to slow down the pace at which it is lowering rates and said …
The Bank That’s Got Your Mortgage Lender’s Back
Marketplace, Nov 14, 2024-Amy Scott and Sean McHenryDespite the name, homebuyers can’t get a mortgage directly from Federal Home Loan Bank of San Francisco. Instead, the bank provides liquidity to …
Homeowners Would Rather Leverage Home Equity Than Sell
National Mortgage Professional, Nov. 14, 2024-Katie JensenA new survey from TD Bank shows that most homeowners think of their properties as precious financial assets and two-thirds (66%) view their home …
Latest Mortgage Rate Report Doesn’t Help Borrowers
National Mortgage News, Nov. 14, 2024-Brad FinkelsteinMortgage rates stopped their ascent this week but offered little relief to consumers, in the first full seven-day period since the Federal Open Market …