"Ocak 10, 2025" Arşivleri

Today’s jobs report beat expectations, and in fact, the labor data was solid for jobs week, which means mortgage rates will stay elevated because it’s always about labor over inflation when talking about rates. Now, the labor market is getting softer from its torrid pace of job creation and wage growth from 2021 to the…

It’s no secret that stubbornly high mortgage rates and sinking inventory levels are stunting housing markets across the country, particularly in places where high home prices are already squeezing would-be buyers. But Bergen County, New Jersey, is taking it to another level. Inventory and new listings have tanked, chasing most shoppers out of the market…

A reduction of 0.3% in home values and a slight increase in senior-held mortgage debt have led to the total amount of senior-held home equity dropping from its all-time high. This is according to the latest edition of the Reverse Mortgage Market Index (RMMI), a quarterly report compiled by the National Reverse Mortgage Lenders Association…

The U.S. Senate Committee on Banking, Housing and Urban Affairs announced that it will hold a confirmation hearing on Thursday, Jan. 16, for Scott Turner to lead the U.S. Department of Housing and Urban Development (HUD). Scott Turner Turner was one of a flurry of cabinet-level and other leadership nominees announced by President-elect Donald Trump…