Newsweek, Feb. 7, 2024-Omar MohammedRefinancing activity rebounded for the week ending February 2 after declining the previous week, as mortgage rates stabilize in the under-7 percent level, contributing to a …
Category: Top National News
Weekly Mortgage Demand From Homebuyers Is Flattening as Interest Rates Rise
CNBC, Feb. 7, 2024-Diana OlickMortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back.Click here for more
U.S. Banks See Loan Demand Rising in 2024, Fed Survey Shows
Reuters, February 5, 2024–Ann Saphir, Howard SchneiderU.S. banks anticipate an increase in demand for loans as interest rates fall this year, even as they further tighten credit standards on some …
Proposed Bank Capital Rules Threaten US Real Estate Financing, MBA Chief Says
Bloomberg, February 12, 2024–Diana LiThe head of one of the largest mortgage trade groups in the U.S. said proposed rules on bank capital levels have the potential to upend the …
Proposed Bank Capital Rules Threaten US Real Estate Financing, MBA Chief Says
Bloomberg, February 12, 2024–Diana LiThe head of one of the largest mortgage trade groups in the U.S. said proposed rules on bank capital levels have the potential to upend the …
Housing Market Predictions for the Year Change
Newsweek, Feb. 5, 2024-Omar MohammedA strong jobs market and the Federal Reserve’s signal that it is likely to hold rates but cut at some point during the year sets up …
CRE Investors Prepare to Deal As They Wait for the Recovery
Globe St., Jan. 30, 2024-Philippa MaisterIt looks like 2024 could be the year when investors lose their fear of the CRE markets even as they note the risks around them. …
ABCs of Home Equity Valuations
Home Equity Lending News, Feb. 2, 2024Home-equity lenders have a range of valuation alternatives to traditional appraisals depending on the characteristics of the property. These alternatives utilize a combination of …
Why Major U.S. Cities Are Becoming a Problem for Foreign Banks
The Wall Street Journal, Feb. 2, 2024Why are U.S. commercial real estate problems rapidly going global? The reasons are actually quite local.Click here for more (subscription)
Powell Navigates ‘Toxic’ Politics of Rate Cuts as Election Nears
The Wall Street Journal, Feb. 1, 2024-Nick TimiraosFor Federal Reserve Chair Jerome Powell, deciding when to cut interest rates is hard enough: Too soon, and inflation could rise again. Too …