Daily Dose

“Affluent Americans are the only ones who can avoid the sting of high mortgage rates; plus, they’re spending less on housing and keeping more money in the bank because they’re avoiding interest payments,” said Redfin Senior Economist Sheharyar Bokhari.

With U.S. Bank's Timika Scott serving as the organization's first Chairperson, the MSEA will include committees focused on advancing advocacy and education related to specific sectors of the industry, including Government & Industry Relations, Community Relations, Communication & Planning, and Cultural Affairs.

A new report explores the drastic increase of consumers in search of delinquent mortgage counseling, which skyrocketed in 2023 compared to the previous year. Click though to read how once-manageable levels of unsecured debt have abruptly become unmanageable for many homeowners.

Commercial real estate and multifamily real estate loan originations dropped almost 50% year-over-year during the third quarter of 2023. Click through to find out what else the Mortgage Bankers Association found in their quarterly report.

With rising inflation intensifying U.S. housing costs, Fannie Mae's Home Purchase Sentiment Index showed a record number of consumers believe it’s a bad time to buy a home, further hampering those looking to achieve the American dream.

Assuming the role of Board Chairman, former Fiserv and Bank of America exec is set to replace Sara Mathew, who will be retiring as the GSE’s Board Chair and Director in February 2024.

A new RentCafe report unveiled the affordability challenges of buying a home for younger generations. Just how many millennials and Gen Zers don't plan to move out anytime soon? Click through to find out.

According to the November 2023 ICE Mortgage Monitor Report, purchase-mortgage applications declined nearly 50% below pre-pandemic levels, with annual home price growth experiencing the weakest monthly gain since January. Read on to learn how sky-high mortgage rates continue to make life difficult for would-be homebuyers.

Due to financial instability, Sac City, Iowa-based Citizens Bank has been placed in receivership by the FDIC, marking the fifth U.S. bank failure reported this year.

Attorney Lisa Woodburn details a recent Florida case where a property owners association was awarded nearly $90,000 for delinquent assessments, interest, late charges, costs, and attorneys’ fees.