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Slowing in Refinance Drives Down Mortgage Application Activity

Slowing in Refinance Drives Down Mortgage Application Activity

by Phil Hall | Apr 2, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A slowing of refinance activity drove down the level of mortgage applications for the week ending March 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6%...
Builders Call on Congress to Reform Regulations on Home Construction

Builders Call on Congress to Reform Regulations on Home Construction

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Home Builders (NAHB) has called on Congress to address federal regulations that is blames for exacerbating the affordable housing shortage by raising costs of construction. In testimony before a hearing of the House Small Business...
GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program

GAO, at Democrats’ Behest, to Probe Cuts to HUD’s Fair Housing Program

by Phil Hall | Apr 2, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Government Accountability Office (GAO) has agreed to a request by Senate Democrats led by Sen. Elizabeth Warren (D-MA) to investigate cuts to the Department of Housing and Urban Development’s (HUD) fair housing program workforce. “I am pleased to announce that the...
Kamala Harris to Appear at Australian Real Estate Conference

Kamala Harris to Appear at Australian Real Estate Conference

by Phil Hall | Apr 1, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Former Vice President Kamala Harris is slated to make a rare public appearance at an Australian real estate conference next month. The Guardian reports Harris will participate in an on-stage conversation during the Australasian Real Estate Conference in Gold Coast,...
CMBS Delinquency Rate Up in March

CMBS Delinquency Rate Up in March

by Phil Hall | Apr 1, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 35 basis points to 6.65% in March, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 198 basis points from 4.67%. Last month, the overall...
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