Axios San Diego, April 9, 2024-Kate MurphyHomebuyers who pay cash for a property can spend 10% less on average than those who take out a mortgage, new research from UC …
Category: Top National News
Real Estate Investors Stung by Rising Insurance Costs
MPA, April 10, 2024-Candyd MendozaReal estate investors are grappling with a major challenge: skyrocketing insurance costs and the unavailability of coverage, according to the Spring 2024 Investor Sentiment Survey from …
Refi Business With Primary MI Jumps in First Quarter
Inside Mortgage Finance, April 11, 2024–Namrata BhatiaThe share of refis with MI coverage in the agency MBS market grew from 10.3% in the fourth quarter of 2023 to 14.6% in …
The Hidden Costs of Homeownership Are Skyrocketing
The Wall Street Journal, April 10, 2024-Nicole FriedmanDarren Gondry has owned his four-bedroom home near a golf course in Louisville, Ky., since 2004. He and his wife, Lori Gondry, paid …
Survey Results a Good Sign for Home Equity Lending
Lending News, April 8, 2024Survey results from first mortgage behemoth Fannie Mae about consumer rate expectations are a good sign for originators of home-equity lending products.Click here for more
Door Opens to Flip a House for Yourself, Not Profit
Banker And Tradesman, April 14, 2024–Lew SichelmanHigh mortgage rates, soaring house prices and rising construction costs have driven many flippers – investors who purchase run-down houses, fix them up and …
Squatting Map Shows Cities With Highest Number of Homes Taken Over
Newsweek, April 3, 2024-Khaleda RahmanAs the issue of squatting comes under scrutiny following recent reports of clashes between homeowners and people unlawfully occupying their property, a map shows where the …
Shrinkflation Is So 2022. Now Americans’ Appetites for Big Cars and Houses Is Shrinking.
The Wall Street Journal, April 4, 2024-Spencer JakabShrinkflation wasn’t the word of the year in 2023. That was “authentic,” according to Merriam-Webster, but the term for companies selling a smaller …
Housing Market 2024: 5 States With the Highest Foreclosure Rates
Yahoo! Finance, April 5, 2024-Gabrielle OlyaForeclosure rates are on the rise. As of February, there were nearly 33,000 properties in foreclosure, an 8% increase from the year prior, according to …
Purchase Loan Credit Scores Hit Highest Point in 6 Years
National Mortgage News, April 8, 2024-Bonnie SinnockThe average credit score for financing taken out to purchase homes soared in March, according to Optimal Blue’s latest report on rate-locked loans.Click here for …