U.S. homeowners with mortgages have seen their equity increase by 5.1 percent year-over-year, representing a nearly $457 billion gain since third-quarter 2018.
MBA Newslinks Archive
CoreLogic: 78,000 Single-Family Properties Regained Equity in 3Q
CoreLogic, Irvine, Calif., said U.S. homeowners with mortgages–representing 64% of all properties–saw their equity increase by 5.1% year over year in the third quarter, a gain of nearly $457 billion from a year ago.
Mortgage Rates Went Up Again This Week–Will They Hit a Ceiling?
MarketWatch, Dec. 12, 2019–Jacob PassyMortgage rates have slowly risen over the last three months–albeit with some weekly declines from time to time. But if the mortgage market continues on this …
Safeway Owner, Rival Grocers Bet on Smaller Warehouses (subscription)
Wall Street Journal, Dec. 12, 2019–Jaewon KangFood retailers are making big bets on small warehouses to bulk up their growing delivery businesses, as supermarkets try different approaches to get groceries …
The Hottest Housing Markets of 2020 are Far From the Coasts
MarketWatch, Dec. 12, 2019–Jacob PassyForget Seattle, Denver and San Francisco. Boise, Idaho, is poised to be the hottest housing market at the start of the next decade.https://www.marketwatch.com/story/the-hottest-housing-markets-of-2020-are-far-from-the-coasts-2019-12-12?
ECB Keeps Rates Steady as Christine Lagarde Makes Debut (subscription)
Wall Street Journal, Dec. 12, 2019–Tom FairlessThe European Central Bank joined the Federal Reserve in pausing a global wave of monetary easing, reacting to early signs that the world economy …
People in the News
Chaya Cashin Zahn, who served as Associate Director of Registration in the Mortgage Bankers Association’s Meetings Department, died suddenly on Dec. 9. She was 42.
November New Home Purchase Mortgage Applications Increase 27% YoY
Mortgage applications for new home purchases increased 27.1 percent compared to a year ago, the Mortgage Bankers Association’s Builder Applications Survey for November reported.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
New MBA White Paper Analyzes Commercial Real Estate Market Trends, Outlook
The Mortgage Bankers Association this morning released a new white paper, Where From Here?, which examines current economic trends and commercial/multifamily real estate market conditions and summarizes recent comprehensive data–by property type and capital source–reported by MBA’s research team.