How is today’s housing starts data, which beat expectations, good for mortgage rates? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building […]
After increasing steadily for over a month, mortgage rates fell last week following a deposit run that provoked a liquidity crisis in regional U.S. financial institutions — and resulted in the failures of Silicon Valley […]
The Federal Housing Finance Agency’s (FHFA’s) decision to delay implementing the controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income (DTI) ratios gave mortgage lenders a breather. The agency postponed the […]
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure. The rescue comes after Silvergate Bank, Silicon Valley Bank and Signature […]
Hosting on Airbnb empowers local Nashville residents to supplement their income, provides affordable accommodation options for travelers, and spreads the economic benefits of tourism to local small businesses. In 2022, Hosts in Nashville collectively earned […]
Millions of workers and their families are embracing the opportunity to live and work anywhere, allowing them to spread out to thousands of towns and cities, and staying for weeks, months, or even longer. This […]
It didn’t approach the levels of the “good old days” of 2020 and 2021, but construction activity did show signs of life last month. The U.S. Census Bureau and the Department of Housing and Urban […]
(NewsNation) — The average American will most likely not be impacted by the crash of Silicon Valley Bank, says Cory Johnson, hedge fund manager and host of “The Drill Down” podcast. “I think that’s the important takeaway […]
Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks amid turmoil in the broader financial system. The firm lowered its growth forecast by 0.3 […]
An analysis of 200 of the largest metro areas in the US shows the health of the housing market across the country amid a backdrop of intense competition and dwindling housing availability. Today’s Homeowner reached […]
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