The Wall Street Journal, March 11, 2024-Nick TimiraosPresident Biden signaled optimism during a campaign event last week that the Federal Reserve was going to cut interest rates soon. The economic …
Category: Top National News
Biden Administration to Boost Affordable Housing Programs, Supply of Manufactured Homes
The Hill, Feb. 29, 2024-Alex GangitanoThe Biden administration announced Thursday that it will take steps to bolster federal programs that produce affordable housing, boost the supply of manufactured homes and …
Signs of Trouble at Regional Banks Reignite Sector Fears
The Wall Street Journal, March 1, 2024-Gina HeebBank stocks dropped Friday, led by a 23% decline in New York Community Bancorp after more signs of trouble at that lender and …
How No-Cost Mortgages Save Buyers Money When Rates Come Down
Orange County Register, February 26, 2024–Jeff LazersonRumor is that the Fed might drop short-term rates three times in 2024. That’s good news for homebuyers as fixed-rate mortgages tend to follow …
Despite Drop in Q4 HELOC Lending, Turnaround Possible
Home Equity Lending News, February 29, 2024Although the volume of home-secured credit lines opened during the fourth quarter was significantly lower than a year earlier, the outlook is bright for …
MBA Gives Backing to Loan Repurchase Efforts
MPA, March 4, 2024-Abigail AdriaticoMortgage Bankers Association (MBA), the association that represents the real estate finance industry, has applauded efforts by Fannie Mae and Freddie Mac to address requests for …
Florida’s Housing Market Is in Trouble
Newsweek, March 4, 2024-Giulia CarbonaroSales of condos in Florida have dramatically fallen in recent weeks, even as prices dropped in some of its major metros and the number of “motivated” …
Disasters Forced 2.5 Million Americans From Their Homes Last Year
The New York Times, Feb. 22, 2024-Aidan GardinerAn estimated 2.5 million people were forced from their homes in the United States by weather-related disasters in 2023, according to new data …
Condominiums Gaining Ground in U.S. Mortgage Market–Fannie Mae
MPA, Feb. 22, 2024-Mika PangilinanAmid a persistent national housing shortage, Fannie Mae has published a study highlighting the growing significance of condominiums in the US mortgage market, alongside the risks …
Commercial Mortgage REITs Weathered Another Quarter. They’re Cheap Again.
Barron’s, Feb. 23, 2024-Bill AlpertThe year-end reports have come in from a cadre of lenders who hold loans on some of the more troubled kinds of commercial real estate.Click here for …