The housing market crisis: an accurate description – KSL NewsRadio

The housing market crisis: an accurate description – KSL NewsRadio

Utah is in a housing market crisis. Is the word “crisis” accurate to describe the current home-buyer situation?
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Mortgage lender Better's shares sink in Nasdaq debut – Reuters

Shares in online mortgage lender Better's new public listing plummeted on Thursday as investors fretted over record-high mortgage rates.
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Mortgage rates reach highest level since 2001 and are likely to go higher, Freddie Mac says

The 30-year mortgage rate is averaging at 7.23%, Freddie Mac said in its latest weekly survey on Thursday.
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Bankruptcy Reveals a Web of Real Estate Debt in Green Hills and 12South | City Limits

Overgrown properties with half-finished homes are taken over by a federal trustee in the city's richest neighborhoods.
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South Florida housing market cooled by high mortgage rates – WPTV

Mortgage rates are now hitting highs not seen in more than 20 years, and it's having an effect on housing transactions in South Florida.
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China's yuan is displacing other top global currencies in trade, but not the US dollar

“Despite some pressure, the USD remains the preferential currency for trade. A greater role of BRICS and other emerging markets in global trade
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Army dismisses fake video on `captured' armoured vehicle – The Guardian Nigeria

The Nigerian Army has dismissed a fake video being circulated on social media of an armoured vehicle purportedly captured by a local terrorist,
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Williams Family Sells Broward Plaza to Harvest International – The Real Deal

Harvest investors buy Coral Springs shopping center for $27M … Real estate investors Guofeng Ma, Wenrui Ma and Wei Cheng bought a Coral Springs
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Housing Market: Downturn Will Last for a Long Time, Fannie Mae Says

The government-sponsored mortgage giant highlighted the stagnant US housing market, with existing home sales down 18.9% year per-year in June,
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Fitch Affirms First American's IFS Ratings at 'A'; Outlook Stable

2 title insurer in the U.S. by market share for residential and commercial transactions. The company's long history of a leading market position
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Mortgage rates hit highest level since 2001 in latest blow to homebuyers – NY Post

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan climbed to 7.23% from 7.09% last week.
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Arizona Public Safety Personnel commits $200 million to direct lending fund

Arizona Public Safety Personnel Retirement System, Phoenix, committed $200 million to Ares Senior Direct Lending Fund III, a direct lending fund
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Mortgage Rates Hit New 22-Year High – Banker & Tradesman

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan climbed to 7.23 percent from 7.09 percent last week.
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Fed Data Shows Pressure Building in Consumer Lending – Pymnts.com

Fed Data Shows Pressure Building in Consumer Lending. By PYMNTS | August 24, 2023. |. credit cards. The Federal Reserve's latest data on how loan
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Arrow Promotes Marc Yrsha to Chief Banking Officer – Saratoga TODAY

GLENS FALLS — Arrow Financial Corporation announced the promotion of Marc Yrsha to Chief Banking Officer for its two subsidiary banks,
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Yang Huiyan is Country Garden's billionaire heiress, but her fortune was just cut in half

Yang Huiyan is the mysterious majority stakeholder of a sprawling real estate empire in China, but in a stunning reversal of fortune triggered by
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Starbucks' pumpkin spice latte is back, but it may be the beginning of the end for … – Yahoo Finance

Unit sales have been on the decline for the past two years, data from market researcher NielsenIQ viewed by Fortune shows.
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Opportunity Zone Housing Markets Rebound in Q2 2023 – RISMedia

Median prices of single-family homes and condominiums increased in 1,977 (61%) of the Opportunity Zones around the U.S. with sufficient data to
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US mortgage rates soar to 7.23%, a 22-year high – KTVZ

The 30-year fixed-rate mortgage averaged 7.23% in the week ending August 24, up from 7.09% the week before, according to data from Freddie Mac
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Colombia banks call for measures to help liquidity squeeze – Reuters

Colombia's banks have called on the country's central bank to tackle liquidity issues amid lower-than-expected government spending and compliance
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