The Wall Street Journal, Oct. 30, 2024-Carol RyanVery little feels normal in today’s housing market, including how home builders’ stocks have been on a tear during a period of sky-high …
Category: Top National News
Freddie Mac Earnings Rise on Better Rate Environment
National Mortgage News, Oct. 30, 2024-Brad FinkelsteinFreddie Mac had its strongest quarter of the year for both net income and in new business acquired as mortgage rates dipped.Click here for …
That Refi Mini Boom Appears All but Dead as Mortgage Rates Surge
HousingWire, Oct. 30, 2024-James KleimannA 60 basis point increase in mortgage rates in October has strangled mortgage demand, particularly for refinancings, according to the latest survey data from the Mortgage …
Insurance Crisis Hits Lenders’ Bottom Lines
National Mortgage News, Lew Sichelman, Oct. 30, 2024How bad is the insurance crisis? Bad and getting worse. And not just because storms are more frequent and more severe, according to …
Record Low Mortgage Rates Are Now a Major Problem for Homebuyers. Here’s Why
CNET, Oct. 30, 2024-Mike De SocioToo many homeowners have affordable mortgages that are worth keeping, which is a problem for the housing market. Besides high mortgage rates and steep home …
Could ‘Adult Dorms’ Save City Downtowns?
The Week US, Oct. 30, 2024-Joel MathisAmerican cities have two big problems these days: Too much empty office space and not enough affordable housing. There may be a solution.Click here …
New Home Sales Jump as Buyers Act on Lower Rates
Mortgage Professional America, Oct. 28, 2024–Candyd MendozaA surprising number of homebuyers signed contracts for newly built homes in September, with contract signings jumping 4.1% from August, government data showed.Click here …
Fannie Mae, Freddie Mac Gear Up For G-Fee Change
National Mortgage News, October 29, 2024–Bonnie Sinnock, Spencer LeeFannie Mae and Freddie Mac are taking a new approach to some guarantee-fee changes in coordination with their regulator. Click here for …
Election Season is In The Air at MBA Annual
HousingWire, October 29, 2024–Chris Clow If you didn’t know it before, you’re likely to be reminded every day between now and Nov. 5 that this is a close election for …
U.S. Housing Market is On The ‘Verge of a Vicious Cycle,’ Which is ‘Not Good for America,’ Lennar Mortgage Head Warns
Dow Jones/MarketWatch, Oct. 29, 2024–Aarthi SwaminathanPoliticians should ‘stop talking about affordability – and start delivering on affordability,’ Laura Escobar says. Escobar, president of Lennar Mortgage, spoke Monday at the annual …