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Gov. Greg Abbott threatens to intervene in Austin’s “homelessness crisis”

Gov. Greg Abbott threatens to intervene in Austin’s “homelessness crisis”

Texas Gov. Greg Abbott presented Austin and its Mayor Steve Adler with an ultimatum Wednesday: “Demonstrate consequential improvement in the Austin homelessness crisis”...
CMBS delinquencies

Slowing economy in 4Q will not hurt CMBS sector: Morningstar

The commercial mortgage-backed securities sector will weather the fourth quarter's slowing but steady growth in the U.S. economy, as better loan performance counters...
Pending home sales rebound more than expected

Pending home sales rebound more than expected

Contract signings to purchase previously owned homes rebounded in August by more than forecast, helped by low mortgage rates and continued household income...
Jyske Bank

Banks just changed the rules of the negative rate game for Danes

Denmark is about to become a test case for what happens when banks start charging a lot of customers to store their money.That's...
Homeowners appear to be feeling good about the economy. Should they? | 2019-09-17

Homeowners appear to be feeling good about the economy. Should they? | 2019-09-17

For all of 2019, BuildFax Housing Health Reports have revealed that single-family housing authorizations – what some consider a key indicator of historic...
BuildFax

Construction activity reflects a mixed outlook for recession

The residential construction market is giving off conflicting signals about whether the nation is heading toward a downturn, according to a new BuildFax...
Fannie resales

Builder activity, lower rates boost Fannie Mae’s origination estimates

Lower rates and signs that more affordable housing inventory is being built drove Fannie Mae's 2019 origination numbers higher in its latest forecast.The...
FICO score chart 2019

Average FICO score stands at record high | 2019-09-16

The average FICO score stands at 706, a record high, said Ethan Dornhelm, vice president of scores and predictive analytics at FICO. That compares...
Bank profits plunge in Denmark as negative rates take toll

Bank profits plunge in Denmark as negative rates take toll

Banks in Denmark have seen their aggregate profits sink this year, according to calculations by the industry's main lobby group, which has repeatedly...

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Water pressure gauge

Does This House Have Good Water Pressure?

A common question that clients ask during home inspections is: “Does this house have good water pressure?” When you’re searching the housing market...
Merger of BB&T, SunTrust Granted

Merger of BB&T, SunTrust Granted

The U.S. Department of Justice Announced Friday that BB&T Corporation and SunTrust have agreed to eliminate 28 branches across North Carolina, Virginia, and...
Redfin

Equity building and lack of affordability keep homeowners in place

Inventory shortages, favorable tax policies and a dearth of affordable options caused homeowners to increase the number of years lived in their home,...

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