The U.S. economy continues to chug along, but analysts with the Federal Reserve, the Mortgage Bankers Association and other point to slowing activity in the coming months.
Mortgage Rates Continue Their Ascent But Remain Below Last Month's Levels
Washington Post, Apr. 18, 2019--Kathy Orton
Lenders Manage Tiny Profits in 2018 Despite Rate Hikes, Inventories
Mortgage News Daily, Apr. 18, 2019--Jann Swanson
NAR Slapped with Second Class Action Lawsuit to End Buyer Broker Compensation
HousingWire, Apr. 18, 2019--Jessica Guerin
NINA Loans Make a Comeback with the 360 Mortgage Pilot Program
National Mortgage News, Apr. 18, 2019--Brad Finkelstein (subscription)
New York City Rents at Record Highs
National Mortgage Professional, Apr. 18, 2019--Phil Hall
6 Turbo-Charged Ideas for Boosting Your Purchasing Power
Press-Enterprise (Riverside, Calif.), Apr. 18, 2019--Jeff Lazerson
Trump Proposal Would Evict Undocumented Immigrants from Public Housing
Washington Post, Apr. 18, 2019--Tracy Jan
Shift to Buyer-Friendly Conditions Chipping Away at Sellers' Years-Long Advantages
Trulia, San Francisco, said the transition from a sellers' market to a buyers' market is giving home buyers some relief, at the expense of home sellers and most noticeably in pricey areas where housing costs are still growing and affordability has eroded the most.
Ellie Mae: Rate Declines Spur Refi Activity
Ellie Mae, Pleasanton, Calif., said the third straight monthly drop in 30-year fixed interest rates led to another increase in refinancing activity in March.
Steady Economic Growth Benefiting CRE
The U.S. economy remains healthy, which should benefit commercial real estate property markets at least for the near future, reported Cushman & Wakefield, New York.
Freddie Mac, McLean, Va., closed a Low-Income Housing Tax Credit fund with nonprofit equity syndicator CAHEC, Raleigh, N.C., and initiated several investments within the fund.
Dealmaker: Meridian Capital Group Arranges $196M for Office, Condo Properties
Meridian Capital Group, New York, arranged $196 million in financing for office and condo properties in New York City.
MISMO Spring Summit June 3-7 in Milwaukee; Registration Now Open
Registration is now open for the MISMO Spring Summit, taking place June 3-7 at the Pfister Hotel in Milwaukee.
MBA Education Webinar: Technology & CRE Finance--Where Are We & Where Are We Headed? May 29
Join MBA Education for an informative webinar, Technology & CRE Finance: Where Are We & Where Are We Headed?, on Wednesday, May 29 from 2:00-3:30 p.m. ET.
Call for Speakers: MBA Condominium Lending Workshop
The Mortgage Bankers Association's Condominium Workshop takes place July 18 in Washington, D.C. Speaking opportunities are available; deadline is May 17.