Real Estate Industry News & Insights
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M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending
Kolluri was previously senior vice president within M&T’s Commercial Real Estate Innovation Office. Continue Reading M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending
EasyKnock in New Partnership to Bring Veterans into Housing Careers
“Veterans have given so much to our country, and it’s our responsibility to give back,” said Jarred Kessler, CEO of EasyKnock. Continue Reading EasyKnock in New Partnership to Bring Veterans into Housing Careers
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
The depth and scope of at-risk properties equates to a combined reconstruction cost of $10.8 trillion. Continue Reading CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
CFPB Director Rohit Chopra opined, “Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs.” Continue Reading CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
The lawmakers said the proposal would turn Freddie Mac “into a massive consumer loan guarantor.” Continue Reading GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
Home prices are finally falling. But how low will they go?
Source: CNN --- The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. But what homebuyers and homeowners alike want to know is: How much lower will prices...
Study finds middle-income housing fund outperforms high-dollar real estate
Source: Austin Monitor --- An Austin investment fund created to support and stabilize middle-income rental housing has been verified as an attractive and viable investment by researchers from two Texas universities. Affordable Central Texas, which began acquiring...
How to get the most out of mortgage conferences
Source: Housing Wire --- Conference season is here in full force. After a one-to-two-year break from in-person events due to the COVID-19 pandemic, it can be challenging to navigate the slew of mortgage conferences that hit the industry each fall. For some, conference...
Dave Ramsey Says These Are the 3 Biggest Downsides of Owning Your Own Home
Source: The Motley Fool --- If you're excited about buying a home, you're probably thinking about all of the advantages of ownership. And there are plenty. You can personalize your space, of course. And your mortgage payments will help you build equity and acquire...
When to expect the housing market downturn to conclude, according to Wells Fargo
Source: Yahoo Finance --- Historically speaking, most U.S. recessions arrive after a period of rate tightening by the Federal Reserve. As the Fed raises interest rates to tame inflation, it begins to cause economic activity to contract. Of course, “Fed-induced...
Fed’s rate debate shifts to how, and when, to slow down
Source: Reuters --- WASHINGTON, Oct 21 (Reuters) - The Federal Reserve, set to approve another large interest rate increase early next month, is shifting to a debate over how much higher it can safely push borrowing costs and how and when to slow the pace of future...
Adjustable-Rate Mortgages Are Probably Still a Bad Idea
Source: Lifehacker --- Housing prices are finally starting to go down, but thanks to interest rate hikes, monthly mortgage payments are more out of reach than ever before. With all of this financial uncertainty, you may be considering an adjustable-rate mortgage,...
The Psychology of Real Estate Market Cycles
Source: Appraisal Buzz --- Implicit in the term “cycle” is that the real estate market is constantly in a state of flux. Real estate market cycles are specific to a submarket and property type. It is also specific to classification (A, B, C, or D) within a property...
How Does Real Estate Fit Into a Retirement Income Plan?
Source: Investment News --- Real estate investment offers plenty of potential: a hedge against inflation, sheltered income and asset class diversification, for starters. But owning a property directly carries expenses that can eat into cash flow. That can be...
Sell Your Home or Rent It Out? The Best Advice in Current Housing Market
Source: Newsweek --- There are many reasons why you might be looking to sell your home—upgrading from your first property, moving across the country, or simply starting afresh. However, with mortgage rates rising across the U.S., pricing many first-time buyers out of...
