Hints and tips:
Related Special Reports
...“Unfortunately, it has taken many long years to get to this point, and the final bill will probably have a range of waivers for federal agencies to continue to use People’s Republic of China drones,” said...
...Even the inventory of new homes dipped a bit in 2023, as high mortgage rates put a damper on Americans’ desire to finance anything....
...Measures of housing sector demand — from housing starts and construction employment to residential investment and mortgage applications — have looked weak for nearly two years....
...Last week the US Federal Housing Finance Agency presented its report on the future of the Federal Home Loan Banks....
...As the dominant player in the direct-to-consumer mortgage space, Rocket can grab market shares as smaller players struggle or even go under....
...It says application fees can run as high as $10,500, but that “every cent” of the application fee is “taken off the total amount you pay back”....
...The National Association of Realtors has reached a settlement in a series of lawsuits brought by home sellers claiming that the trade group conspired to inflate agents’ commissions, it said Friday, in an...
...Trump appointed Mark Calabria as the head of the Federal Housing Finance Agency [the Fannie and Freddie umbrella organisation]....
...Long-term mortgages: Rising mortgage rates have been a big contributor to the UK’s cost of living crisis. Can long-term mortgages, a norm in the US, help solve the country’s housing crunch?...
...As mortgage rates hover around 6 per cent, nearly 70 per cent of Manhattan homes purchased in the final quarter of 2023 were bought without a mortgage, according to Pamela Liebman, the chief executive of...
...China’s finance ministry in response said the agency “failed to effectively anticipate the positive role of fiscal policies in promoting economic growth”....
...Here’s a chart from the National Association of Realtors: The total sales number conceals variations at different price levels....
...“This is seismic,” said Angel Pérez, chief executive of the National Association for College Admission Counseling....
...Corporation, the Federal Housing Finance Agency and more....
...A subsequent study by the Federal Housing Finance Agency questioned their utility, given the billions it had cost Fannie and Freddie to pay bondholders who had little appetite to absorb credit losses when...
...But the FHLB overseer (the Federal Housing Finance Agency) and bank regulators should act quickly to implement what is feasible even without legislation....
...There are $117bn of commercial mortgages tied to offices which either need to be repaid or refinanced in 2024, according to data from the Mortgage Bankers Association....
...In January, the annualised rate of second-hand home sales hit 4mn, 38 per cent lower than in January 2022, according to the National Association of Realtors....
...Canada’s housing crisis: A National Housing Conference will be held in Ottawa where real estate companies, lobby groups and officials from the government will discuss solutions for solving Canada’s housing...
...“The Federal Reserve simply cannot keep raising interest rates in light of softening inflation and weakening job gains”, National Association of Realtors chief economist Lawrence Yun said....
...Also, Office for National Statistics data on the public sector finances US: Philly Fed Manufacturing Index Conference: the UN’s nuclear arm, the IAEA, will host its first summit in Brussels....
...The vast majority of this agency debt consists of discount notes issued by the Federal Home Loan Bank system, a US-government backed group of institutions that purchase mortgages issued by local banks....
...Todd McCracken, president of the National Small Business Association, an advocacy group, says his members are “worried about some additional consolidation and uniformity and in the types of financial institutions...
...The income needed to buy the average-priced starter home of $346,000, with a 10 per cent deposit, has more than doubled since 2020, to a little over $103,000, according to the National Association of Realtors...
...The government had been under pressure to ease the financial strain on landlords, as rising mortgage costs threaten to force property owners to sell up, reducing the supply of rental homes and pushing up...
International Edition