Top Headlines
Biden Seeks to Speed Preservation Reviews for Historic Buildings
Most interior renovation projects would be exempt from the review process. Continue Reading Biden Seeks to Speed Preservation Reviews for Historic Buildings
Zillow Promotes Jeremy Wacksman to CEO
He succeeds co-founder Rich Barton, who remains on the Zillow board and becomes co-executive chairman. Continue Reading Zillow Promotes Jeremy Wacksman to CEO
Colorado Community College to Offer Online Introduction to 3D Homebuilding
The 30-hour certificate course carries a $250 tuition. Continue Reading Colorado Community College to Offer Online Introduction to 3D Homebuilding
FHLBank Dallas Launches $1 Million Fund for Tribal Housing
“Our District has about 30 federally recognized tribes,” said FHLBank Dallas’ Greg Hettrick, Continue Reading FHLBank Dallas Launches $1 Million Fund for Tribal Housing
Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud
Marilyn Mosby is seeking a presidential pardon. Continue Reading Ex-Baltimore Prosecutor Avoids Prison in Sentencing for Mortgage Fraud
Why 7% Mortgage Rates Are Such a Pain
Source: Next Advisor --- The average 30-year mortgage rate is higher than it’s been in 20 years. Last week, it reached 7%, and it’s still inching higher. But the most startling thing might be just how quickly it got there. A year ago, it was 3.24%. That’s a concerning...
Mortgage Rates Dip Below 7% In The Wake Of Declining Buyer Demand
Source: Forbes --- Mortgage rates slipped below 7% this week, but it wasn’t enough to boost housing activity as mortgage applications continued to decline amid the Federal Reserve hiking its benchmark interest rate for the sixth time this year. The average 30-year,...
November and December are historically 2 of the 3 best months to buy a home if you want a deal. 6 economists and real estate pros on whether that trend will hold in 2022
Source: Market Watch --- Winter is coming. And in the case of real estate, that may be a good thing — at least for buyers looking for a lower priced home. Indeed, a 2021 analysis from real estate research firm ATTOM Data Solutions found that October, November and...
Fed’s latest hike will push up mortgage rates
Source: The Hill --- The Federal Reserve’s latest interest rate hike Wednesday of 0.75 percentage points is expected to intensify pressure on the housing market while pushing up mortgage rates that already have reached nearly 20-year highs. The interest hike announced...
Mortgage rates fall for first time in months
Source: The Hill --- Mortgage rates dipped slightly last week for the first time in more than two months amid the Federal Reserve’s ongoing fight with inflation, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s weekly survey...
Mortgage rates are soaring. Is it still OK to refinance your home?
Source: Yahoo! News --- Mortgage rates, over 7% or so, are at their highest levels in 20 years and loan applications are down. So, it should follow, that homeowners looking to refinance loans would also be headed to the sidelines in droves. But according to experts,...
Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)
Source: The New York Times --- Mila Adams moved to Utah in May with her husband and toddler son to be closer to family, but they didn’t expect to be living with her husband’s parents nearly a half year later. The couple’s search for a home of their own became a race...
Mortgage demand falls slightly even as rates slip from recent highs
Source: Housing Wire --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...
STUDY: HOME PRICE DECLINES HITTING WESTERN U.S. MARKETS
Source: Florida Atlantic University --- Average home prices are falling in 39 of the 100 largest U.S. housing markets and prices in an additional 18 metropolitan areas are expected to decline soon, according to researchers at Florida Atlantic University and Florida...
What’s Happening in the Affordable Housing Market
Source: Commercial Observer --- Commercial Observer recently spoke with Alvin Yeung, CPA, a managing director of tax services for CBIZ Marks Paneth, who has extensive experience in the affordable housing development market, and Gina Citrola, CPA, a CBIZ Marks Paneth...
Recent Posts
CMBS Delinquency Rate Dips by Single Basis Point- Survey: One-Third of Respondents Believed a Perfect Credit Score is Needed …
- Law Firm Offers Webinar Series Covering Legal Issues in Real Estate Develop…
- Georgia Lender Becomes Second Bank Failure of the Year
- Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
