Black Knight: Tappable Equity Likely Peaked in Spring
Black Knight, Jacksonville, Fla., said falling home prices likely resulted in homeowners’ tappable equity peaking this past May.
CBRE Raises Hotel Sector Outlook
CBRE, Dallas, raised its forecast for hotel performance based on second-quarter gains and its expectation for slightly positive GDP growth next year.
Fannie Mae: High Home Prices, Mortgage Rates Bring Housing Sentiment Down 6th Straight Month
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index fell for the sixth consecutive month, as high home prices and elevated mortgage rates continue to weigh on consumer sentiment, particularly home-selling sentiment.
Fitch: Rising Rates, Inflation Weigh on Insurance Sector
Fitch Ratings, Chicago, said inflationary pressures and a potential modest recession could pave the way for a revision of sector outlooks to “Deteriorating” for North American insurers before the year is out.
MAA Quarterly Webinar TODAY
Join the MBA Legislative and Political Affairs Team for the Mortgage Action Alliance Quarterly Webinar on Thursday, Sept. 8 from 3:00-4:00 p.m. ET.
