The Wall Street Journal, Oct. 30, 2023-Chelsey DulaneyMerger mania swept the beleaguered real-estate sector on Monday with the announcement of two multi-billion dollar deals.Click here for more (subscription)
Category: Top National News
Upswing in Office Delinquencies Add to Commercial Real Estate Distress
MPA, Oct. 23, 2023-Candyd MendozaMortgage delinquency rates for commercial and multifamily properties rose for the fourth consecutive quarter, with office delinquencies driving the increase in the third quarter.Click here for more
Homeowners Are Spending Less on Renovation and Remodels
National Mortgage News, Oct. 23-2023-Spencer LeeThe ongoing surge in mortgage rates is leading to more than just a slowdown in lending, interest in remodeling and renovations is drying up as …
Adjustable-Rate Mortgages are Making a Comeback
Adjustable-rate mortgages, which got a bad name during the housing meltdown of the late 2000s, are gaining some traction again as would-be homebuyers face the highest rates in decades for …
Home Insurance Is So High in This Florida Town, Residents Are Leaving
Wall Street Journal, Oct. 17, 2023–Deborah AcostaFlorida’s explosion in insurance premiums threatens to ground the state’s highflying housing market. Florida home prices soared more than 60% since 2019, according to …
Study: Sunbelt States Have Higher Household Debt Than Midwest States
Weekly Real Estate News, Oct. 17, 2023–Phil HallSunbelt states that saw rising populations during the pandemic are now grappling with surging household debt while their Midwest neighbors are handling debt …
Study: Sunbelt States Have Higher Household Debt Than Midwest States
Weekly Real Estate News, Oct. 17, 2023–Phil HallSunbelt states that saw rising populations during the pandemic are now grappling with surging household debt while their Midwest neighbors are handling debt …
Banks Report Continued Pain on Commercial Real Estate Loans
Reuters, Oct. 18, 2023-Matt TracyA number of U.S. banks saw continued pain in the third quarter on delinquent commercial real estate (CRE) loans in their portfolios, as stress in the …
2nd Mortgage Capital Markets Heat Up, Banks Report Home Equity Results
Home Equity Lending News, Oct. 23, 2023The closing of TPMT 2023-CES2 is expected to take place on October 31. The $354 million transaction includes more than 4,800 closed-end second mortgages …
The Fed is Likely Done With Interest Rate Hikes: MBA Forecast
Fox Business, Oct. 16, 2023–Nora ColomerThe Federal Reserve may reach its 2% inflation target rate by early 2025 and it is likely done with its restrictive monetary policy, Mike Fratantoni, …