MoneyWatch, June 5, 2024–Tim MaxwellAny interest rate drop would be welcome news for potential homebuyers looking for lower borrowing costs. But will mortgage rates fall after the June Fed meeting? …
Category: Top National News
Americans Have More Investment Income Than Ever Before
The Wall Street Journal, June 5, 2024-David UbertiLynn Hogan and her husband jokingly call themselves “the turtles” after methodically investing for decades. In the current race against inflation, which has …
Positive News on Inflation Pushes Mortgage Rates Down
National Mortgage News, June 6, 2024-Brad FinkelsteinAfter a brief sojourn back over 7%, mortgage rates fell for the fourth time in the past five weeks, as investors reacted to data …
‘It’s Not Sustainable’: Insurance Hikes Threaten Affordable Housing
The New York Times, June 7, 2024-David W. ChenFor years, Father Joe’s Villages, a nonprofit homeless services provider and housing developer in Southern California, could reliably count on the insurance …
Home Equity Issuance Could Double or Triple
Home Equity Lending News, June 10, 2024–Steve RappoportIndustry experts are upbeat about the future of the alternative lending market, and one is speculating that home-equity issuance could double or triple. …
MBA’s Killmer on Election Stakes for Mortgage Players
National Mortgage News, June 3, 2024–Andrew MartinezWith the November elections set to impact future policies and laws affecting real estate and housing finance professionals, one of the biggest trade groups …
Industry Experts Closely Watch ARM Resets Amid Higher Rate Environment
HousingWire, June 3, 2024-Flávia Furlan NunesAfter falling out of favor due to their role in the 2008 housing crash, adjustable-rate mortgages (ARMs) have gained popularity over the past few years.Click …
Extreme Hurricane Season to Put Tens of Millions of Homes at Risk This Summer
Mansion Global, May 30, 2024-Chava GourarieThe U.S. is headed into what’s expected to be a busy hurricane season, according to the National Oceanic and Atmospheric Administration (NOAA), which forecast up …
Array of Mortgages Cover Hard-to-Qualify Properties, Borrowers
Orange County Register, May 30, 2024–Jeff LazersonSelf-employed homebuyers who have insufficient tax return income and are seeking a loan can choose from an array of exotic mortgage programs or so …
U.S. Mortgage Delinquency Rates Remain Near Historic Lows: CoreLogic
HousingWire, May 30, 2024-Sarah MarxIn March 2024, the national delinquency rate for residential mortgages stood at 2.8% for the third month in a row, up slightly from March 2023, according …