The New York Times, May 15, 2024-The DailyAcross the United States, more frequent extreme weather is starting to cause the home insurance market to buckle, even for those who have …
Category: Top National News
‘The 30-Year Fixed-Rate Mortgage is a Uniquely American Construct,’ Analyst Says. Here’s Why
CNBC, May 7, 2024-Ana Teresa SoláMost U.S. homebuyers taking out a mortgage opt for a 30-year fixed-rate option — but they may not realize how unusual that offering is.Click here for …
Agency MBS Issuance Increases in April; Refis Down
Inside Mortgage Finance, May 8, 2024–John BancroftGinnie Mae, Freddie Mac and Fannie Mae printed $85.14 billion of new single-family mortgage-backed securities in April, a 9.6% gain from March, according to …
Agency MBS Issuance Increases in April; Refis Down
Inside Mortgage Finance, May 8, 2024–John BancroftGinnie Mae, Freddie Mac and Fannie Mae printed $85.14 billion of new single-family mortgage-backed securities in April, a 9.6% gain from March, according to …
How Rich Homebuyers are Avoiding High Mortgage Rates
Yahoo Finance, May 13, 2024–Janna HerronThe all-cash deal is back in vogue for homebuyers, a shift that favors the wealthy. Luxury housing markets in New York and Florida are boasting …
Foreclosures Leave Long-Term Scars on Homeownership Rates
MPA, May 13, 2024-Candyd MendozaA new study by the Federal Reserve Bank of New York reveals the lasting financial consequences of foreclosure for millions of Americans.Click here for more
Why Second Mortgages Could Make a Comeback
Axios, May 13, 2024-Felix SalmonFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses.Click here for more
How the Insurance Industry is Using the Mortgage Slump to Get New Talent
Insurance Business, May 1, 2024–Jen FrostHigh mortgage rates are making it a tough environment for home buyers. Home sales were at their lowest in almost 30 years in 2023. For …
ARM Applications At Year’s Highest So Far, As Rates Fail To Budge
National Mortgage News, May 1, 2024-Erica DrzewieckiMortgage rates won’t be on the high end forever, and more borrowers are switching to adjustable-rate mortgages (ARMs) for just that reason.Click here for more
What the Fed’s Moves Mean for Mortgages, Credit Cards and More
The New York Times, May 1, 2024-Tara Siegel BernardAmerican households who were hoping interest rates would soon decline will have to wait a bit longer.Click here for more (subscription)