Morning Roundup (3/28/2023) — Retail Spaces

Good Morning! Today is Tuesday, March 28. The Labor Department has labeled Dollar General a severe violator of workplace safety standards. An attacker killed three 9-year-olds and three adults at a school in Nashville before being killed by the police. North Carolina expanded Medicaid in a bipartisan deal.

The Mortgage Note Reports

Commercial Spaces: As the retail sector is projected to perform better than pre-pandemic levels moving forward, what does that mean for malls? Writer Patrick Lavery has the story.

Home Price Gains: Former buyer hotspots in the West once again saw home prices fall in January as the market corrects, but the rest of the country is faring slightly better.

Homebuyer Rewards: Rocket debuted a Visa card with cashback rewards that can be put towards closing costs, a down payment, or a principal mortgage balance.

TMN Presents: The Mortgage Meltdown Meter, a collection of articles from the market correction, updated daily. Click here to stay on top of the changing landscape.

What are you seeing this spring homebuying season? We want to know. Email us at [email protected].

In other mortgage and housing news…

“More Deliberate”: Homebuyers are becoming more particular about what they want in a home, with Gen Z prioritizing smart features and sustainable materials.

Not Scared Of Rates: Elevated rates often aren’t as big of a deterrent for homebuyers moving to another metro because they’re typically moving to more affordable areas.

NAF Takeover: New American Funding is rebranding to NAF.

Feedback Calls: MISMO is seeking public comment on its newest Life of Loan Process Model, and FHFA wants input on implementing updated credit score requirements.

Love In The Wrong Places: Love your mortgage but starting to hate your house? It’s become so common it has now been dubbed a syndrome by

“Moving On Up”: How easy is it to upsize from a condo to a house? In twenty U.S. cities, homes are the same price or cheaper than a condo.