Washington Post, Oct. 21, 2024–Amanda Shendruk, Heather LongThe new American Dream should be a townhouse — a two- or three-story home that shares walls with a neighbor. Townhouses are the …
Category: Top National News
Stopping Cash and Impersonator Frauds
The Housing Scene by Lew Sichelman, October 18th, 2024To curb money laundering, Uncle Sam is expanding a rule requiring settlement providers to determine and report the names of participants in …
New Home Applications Fall 6% in September
MPA, Oct. 18, 2024-Candyd MendozaApplications for new home purchases dropped 6% month over month in September, following seasonal trends, but the Mortgage Bankers Association (MBA) reported that interest from first-time …
Lawmakers, MBA Call Out FICO for Potential Price Hikes
A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe Biden, urging him to direct the U.S. Department of Justice (DOJ) to investigate the …
The Commercial Real Estate Recovery Is On, but the Rebound May Be Uneven
CNBC, Oct. 18, 2024-Paulina LikosThe tide could be turning for commercial real estate.Click here for more
Fannie Mae: Fading Mortgage Rates Still Won’t Aid Originations
National Mortgage News, Oct. 18, 2024-Andrew MartinezFannie Mae foresees more competitive mortgage rates but a resilient “lock-in” effect to close the year.Click here for more (subscription)
Homeowners Tap Into Their Rising Home Equity
The New York Times, Oct. 18, 2024-Ann CarrnsAmerican homeowners have accrued hundreds of thousands of dollars in home equity and they’re increasingly borrowing against that value, even though interest rates …
Mortgage Rates Were Supposed to Come Down. Instead, They’re Rising. Here’s Why
NPR, Oct. 18, 2024-Laurel WamsleyYou might expect that mortgage rates would be falling right now after the Federal Reserve cut interest rates by a half-point last month.Click here for more
‘Real Estate Insiders’ Explore Housing Affordability Issues and Local Government Solutions
HousingWire, Oct. 17, 2024-Kennedy EdgertonIn a new episode of the “Real Estate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Pete Mills — senior vice president …
Mortgage Rates Keep Rising but There Are Upsides for Housing
National Mortgage News, Oct. 17, 2024-Bonnie SinnockMortgage rates keep climbing on signs of economic strength and while that clouds the outlook for home buying somewhat, there is a silver lining, …