Record peak reached in luxury home prices
Discover the latest trends in the mortgage industry with expertise. Learn about the 1.7% year-over-year drop in luxury home sales, a hopeful sign for private lenders.
Federal Reserve maintains interest rates unchanged for fourth consecutive meeting
Stay updated with the latest mortgage industry news for private lenders. The Federal Reserve's FOMC maintains the short-term policy interest rate range at 5.25% to 5.5%.
Examining the Impact of 2023 on the Housing Market
Discover the annual average and median percentage of households purchasing homes, which was 4.78% and 4.64% respectively over 40+ years. In 2023, this figure decreased to 3.58%. Valuable insights for private lenders.
Decline in mortgage applications anticipated before Federal Reserve meeting.
As a mortgage industry expert, I provide clinical, non-salesy summaries of industry news. Discover how mortgage demand slumped as consumers halted purchase applications. Interesting insights for private lenders.
Fannie Mae economists provide insightful housing market outlook and potential interest rate cut analysis
As mortgage industry experts, Doug Duncan and Mark Palim discuss key issues affecting the mortgage and real estate sectors. Gain valuable insights for private lenders in this informative summary.
Gas Stoves Gain a Point: A Phil Hall Op-Ed
Discover how new federal energy-efficiency standards have improved gas stoves on the market, providing valuable insights for private lenders. Read more on Weekly Real Estate News.
Local Brokerages Replace Anywhere Affiliates in PA Commission Lawsuit
Plaintiffs and defendants altered in the Spring Way lawsuit with the filing of an amended complaint, offering valuable insights for private lenders.
Lenders remain uncertain of stability after persistent cost-cutting efforts: Stratmor
"Explore opportunities to reduce production losses in the mortgage industry as lenders seek bold strategies amidst positive trends for 2024."
December Sees Decrease in Median Asking Rents
Renters find relief as rental prices decrease in December, according to Danielle Hale, Realtor.com's chief economist. Stay updated with Weekly Real Estate News.
Expect a Rise in Condo Communities Anticipated for the Future
Community associations play a significant role in the U.S. housing market, with over 30% of housing stock represented. Check out the forecast for an increase in condo communities by 2024.