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 …
Category: Top National News
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 …
U.S. Jobs Report Reaction: Not Too Hot, Not Too Cold
MPA, April 8, 2024-Candyd MendozaThe March jobs report delivered a surprise, with total nonfarm payroll employment increasing by 303,000, exceeding consensus forecasts of 200,000 job gains. Click here for more (subscription)
What the Shift Toward Deferrals Means for Mortgage Servicing
National Mortgage News, March 27, 2024-Bonnie SinnockPayment deferrals that became widely utilized in the government-sponsored enterprise market during the pandemic are gaining on modifications, suggesting part of the pandemic’s legacy …
Spread Between Corporate Debt and CRE Mortgages Hits 24-Year High
Globe St., March 27, 2024-Erik ShermanIn its recent look at U.S. capital trends, using the most recent data through 2023, MSCI look at what it called debt snapshots — a …
How Much Higher Are Your Post-Pandemic Property Taxes?
The New York Times, March 28, 2024-Michael KolomatskyThe median price for a single-family home in the United States rose about 40 percent from 2019 to 2022, peaking at $480,000 before …
In Florida’s Housing Market, Insurance-Free Homes Become Big Selling Point
Newsweek, March 28, 2024-Giulia CarbonaroA significant number of Florida’s homeowners and agents trying to offload their properties are trying to attract buyers with the promise of not having to pay …
Housing Market Malaise Hasn’t Cut Options for Equity-Rich Homeowners
Orange County Register, April 1, 2024–Jeff LazersonThe average homeowner now has $299,000 in equity, $193,000 of which is tappable while still maintaining a 20% equity stake.Click here for more