A coalition of seven industry trade groups have sent a letter to the Chairs and Ranking Members of the House and Senate Transportation, Housing and Urban Development (THUD), and Related …
Category: Top National News
HELOC Outlook Strong at Non-Banks, Weak at Banks
Home Equity Lending News, January 3, 2024–Angela RoseNon-bank originators of home-equity lines of credit enjoyed an expansion in the third quarter and are anticipating the same this year. But at …
With Credit Card Debt Rising, Homeowners Can Borrow to Ease Payment Pain
Orange County Register, Jan. 5, 2024–Jeff LazersonMortgage rates are falling as household debt is climbing.As of Jan. 4, the Freddie Mac 30-year fixed sat at 6.62, 1 basis point higher …
Demolishing Homes That Sustain Hurricane Damage Can Improve Local Economy
Scientific American, Jan. 5, 2024-Thomas Frank and E&E NewsLocal property values and business development increased after a large government program was used to purchase flood-damaged homes in the wake of …
Buying Home and Auto Insurance Is Becoming Impossible
The Wall Street Journal, Jan. 8, 2024-Jean EagleshamAfter Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted, it resorted to the nuclear option.Click …
Chill in the Housing Market Seeps Into Other Industries
The New York Times, Jan. 1, 2024-Martha C. WhiteJohn Matheson, a home inspector in Alameda, Calif., kept busy during the pandemic when the housing market was red hot. But as …
Investor Appetite for Retail Real Estate Is Heating Up Again
The Wall Street Journal, Dec. 19, 2023-Kate KingBig investment firms that have shunned retail real estate for years are giving the sector a fresh look, the latest sign that this …
Mortgage Bankers Association Reports Decrease In Forbearance Rates For November 2023
National Mortgage Professional, Dec. 19, 2023-Christine StuartThe Mortgage Bankers Association says there was a three basis point decrease in the total number of loans in forbearance. As of November 30, …
What Will 2024 Offer Us?
Weekly Real Estate News, Dec. 20, 2023–Phil HallA Phil Hall Op-Ed: Over the past couple of weeks, there have been a number of forecasts about where the U.S. economy in …
Housing Association Leaders on the Affordability Landscape, 2024 Priorities
HousingWire, Jan. 1, 2024-Chris ClowAffordability remains a critical issue in virtually all conversations about housing, and few people understand that reality better than leading housing and mortgage industry advocacy groups.Click …