Mortgage Rates Poised to Drop after Federal Reserve Announcement
Washington Post, June 20, 2019--Kathy Orton
Low Mortgage Rates Trigger More Loan Applicatins--And Longer Delays
Pasadena Star-News, June 20, 2019--Jeff Lazerson
10-Year Treasury Yield Falls Below 2%, Defying Expectations
Wall Street Journal, June 20, 2019--Steven Russolillo, Daniel Kruger (subscription)
Big Banks Face Less Stress in This Year's Fed Tests
Wall Street Journal, June 20, 2019--Lalita Clozel (subscription)
Senators Seek to Reassure Small Businesses about AML Bill
American Banker, June 20, 2019--Kate Berry (subscription)
Situs Group Merges with American Mortgage Consultants
HousingWire, June 20, 2019--Jessica Guerin
U.S. Labor Market on Solid Ground; Manufacturing Struggling
Reuters, June 20, 2019--Lucia Mutikani
Remodeling Forecast Say Spending Growth to Slow
The Joint Center for Housing Studies of Harvard University, Cambridge, Mass., said annual gains in homeowner spending on improvements are expected to moderate across more than half of the nation's largest metropolitan areas in 2019.
Falling Rates Creates 'Tailwind,' Set Stage for ‘Robust' Summer
Ellie Mae, Pleasanton, Calif., released its May Originations Insight Report, noting 30-year fixed rates dropped for the fifth straight month to 4.52 percent, down from 4.61 percent in April.
Freddie Mac, McLean, Va., announced its CHOICERenovation loan offering, which provides home buyers a choice to purchase a home and finance the cost of renovations with a single-close mortgage.
April Single-Family Rents Up 3%
CoreLogic, Irvine, Calif., said low rental home inventory relative to demand fueled growth of single-family rent prices in April.
Dealmaker: Northmarq Arranges $93M for San Francisco Office
Northmarq's San Francisco office secured $93 million in construction financing for One De Haro in San Francisco.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
Upcoming MBA School of Mortgage Banking II Courses
MBA Education presents its popular School of Mortgage Banking Course II in several locations this summer and fall.
mPact: MBA's Network for Young Professionals
mPact is MBA's network for young professionals in the real estate finance industry. Join a community of your peers, share your experiences with others online, network with industry insiders, hone your skills or have a voice in the future of real estate finance.