Morning Roundup (3/8/2024) — State Of Housing

Good Morning! Today is Friday, March 8. President Biden gave a “fiery” State of the Union address to a raucous Congress. Sweden formally joined NATO. High school students will take a fully digital SAT this weekend for the first time.

The Mortgage Note Reports

State Of Housing: President Biden proposed new housing initiatives in Thursday’s State of the Union address, including relief for both buyers and sellers.

Rate Improvements: Mortgage rates broke a month-long upward streak, deflating for the first time in weeks and resulting in a purchase demand boost.

Woman To Woman: As Women’s History Month is celebrated this March, we asked leaders in the industry and related fields to share their advice with others. Here’s what they said.

In other mortgage and housing news…

Conquering The “She-Cession”: FirstAm celebrates International Women’s Day by shouting out the unstoppable surge in single female homeowners.

“Pulse Of The Network”: A new report showcases lenders’ top five critical issues for the year, top 10 goals, and anticipated strategies for success.

Brighter Future: Fannie Mae’s Home Purchase Sentiment Index rose higher for the third consecutive month thanks to increased optimism around home-selling conditions.

Company News: Freedom Mortgage received Fannie Mae’s Servicer Total Achievement and Rewards Performer Award for the eighth straight year; Motto Mortgage Megastars is now open in Tampa, FL.

“Don’t Time The Market”: A financial planner offers his five best tips for anyone hoping to buy a home in 2024.