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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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HomeTop News

Top News

“Top news” generally refers to the most important and significant stories of the day, week, or month, as determined by journalists, editors, or news outlets. Top news stories often cover a range of topics, including politics, economics, social issues, health, and entertainment, among others.

Top news stories are usually reported by reputable news organizations, such as major newspapers, news networks, and news websites, and are often featured prominently on their front pages or homepages.

proposals
Air Bnb Newsroom

Airbnb proposals on the rise: Here are the top stays to pop the question

February 22, 2024 Mariel Alumit Comments Off on Airbnb proposals on the rise: Here are the top stays to pop the question

  Since 2018, references to proposals at Airbnbs have more than tripled, according to guest reviews1. In fact, one mountain-top guest house in Colorado has hosted more than 100 such magical moments, and one Host […]

HUD
Housing

HUD Allocates $115 Million in Grants to Rental Housing for Low-Income Seniors

February 22, 2024 Mariel Alumit Comments Off on HUD Allocates $115 Million in Grants to Rental Housing for Low-Income Seniors

The U.S. Department of Housing and Urban Development (HUD) announced $115 million in grant funding will be made available to support the development and improvement of affordable rental housing for low-income seniors. The funds are […]

Real Estate Assets
Celebrities

NY Attorney General Vows to Seize Trump’s Real Estate Assets if He Doesn’t Pay His Trial Fines

February 22, 2024 Mariel Alumit Comments Off on NY Attorney General Vows to Seize Trump’s Real Estate Assets if He Doesn’t Pay His Trial Fines

New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a […]

FHA
Loan Markets

FHA Launches New Loan Modification Option

February 22, 2024 Mariel Alumit Comments Off on FHA Launches New Loan Modification Option

The Federal Housing Administration (FHA) is rolling out a new loss mitigation home retention option aimed at delinquent borrowers with FHA-insured single-family forward mortgages. The new option is called the Payment Supplement and it allows […]

Trump
Commercial Real Estate

NY Governor Insists ‘Business People Have Nothing to Worry About’ Following Trump Verdict

February 20, 2024 Mariel Alumit Comments Off on NY Governor Insists ‘Business People Have Nothing to Worry About’ Following Trump Verdict

In the wake of Friday’s trial verdict that fined former President Donald Trump nearly $355 million and banned him from doing business in New York for three years for alleged over-valuation of his properties, Gov. Kathy Hochul […]

reverse mortgages
Housing Wire

New Jersey bill seeks to require face-to-face counseling for reverse mortgages

February 20, 2024 Mariel Alumit Comments Off on New Jersey bill seeks to require face-to-face counseling for reverse mortgages

​ A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would void any loans executed without proof of such counseling having taken place. The bill […]

mortgage rates
Financial Markets

Are mortgage rates about to break out higher again?

February 20, 2024 Mariel Alumit Comments Off on Are mortgage rates about to break out higher again?

​ Will mortgage rates break toward 8% again, making another 2024 data line that looks like a carbon copy of 2023? It’s not part of my 2024 forecast, but since the Federal Reserve likes playing […]

California
Housing

How do you solve the California housing crisis?

February 20, 2024 Mariel Alumit Comments Off on How do you solve the California housing crisis?

​ California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. According to Ben […]

new home purchases
Housing

Demand rose in January for new home purchases: MBA

February 19, 2024 Mariel Alumit Comments Off on Demand rose in January for new home purchases: MBA

​ Mortgage applications for new homes surged in January as a lack of existing homes continued to fuel the demand for new construction. Mortgage applications for new home purchases rose 19.1% in January on a […]

California
Housing

California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months

February 18, 2024 Mariel Alumit Comments Off on California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months

  California existing home sales reached their highest level in six months during January, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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