Current News & Events
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Is the Trump administration seriously addressing the lack of housing affordability? Continue Reading A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
A Phil Hall Op-Ed: Jamie Dimon’s West Side Story
More than 7,000 households were evicted by eminent domain to create New York’s Lincoln Center. Continue Reading A Phil Hall Op-Ed: Jamie Dimon’s West Side Story
Vacation Home Demand Sinks in Post-Pandemic Market
“With housing payments near their all-time high; a lot of people can’t afford to buy one home right now, let alone a second,” said Redfin Deputy Chief Economist Taylor Marr. Continue Reading Vacation Home Demand Sinks in Post-Pandemic Market
Defense Dept. Faulted on Oversight of Private Companies Operating Military Housing
“DOD can also fully terminate a project, but has never identified the need to do so,” the report said. Continue Reading Defense Dept. Faulted on Oversight of Private Companies Operating Military Housing
Fannie Mae Home Purchase Sentiment Index Inches Up Slightly
The index is still near its historical low. Continue Reading Fannie Mae Home Purchase Sentiment Index Inches Up Slightly
Zillow: People of Color Pay Higher Upfront Costs on Rental Housing
Zillow also reported people of color were paying more on security deposits for their rental housing. Continue Reading Zillow: People of Color Pay Higher Upfront Costs on Rental Housing
Homepoint Sells Wholesale Business to The Loan Store
Homepoint will hold an equity interest in The Loan Store. Continue Reading Homepoint Sells Wholesale Business to The Loan Store
NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
The Times did not include any input from mortgage professionals in its coverage. Continue Reading NY Times Publishes Report Claiming Age Discrimination in Mortgage Applications
Spotlight On: Thomas Ferrier and Tommie Mac Inc.
“We want to change the way homeowners are able to access the equity in their home,” said Thomas Ferrier. Continue Reading Spotlight On: Thomas Ferrier and Tommie Mac Inc.
New York City Leads Nation in Property Taxes
The only major metro where property taxes are lower than $1,000 a year is Birmingham. Continue Reading New York City Leads Nation in Property Taxes
California Homeownership Affordability Continues to Evaporate
A minimum annual income of $186,800 was needed to qualify for the purchase of a $822,320 statewide median-priced, existing single-family home in 2022. Continue Reading California Homeownership Affordability Continues to Evaporate














