Good Morning! Today is Thursday, April 4. The judge overseeing Trump’s Manhattan criminal trial denied his request to postpone the start date. Disney shareholders rejected an activist investor’s bid to win two board seats. Severe storms stretching from Maine to Florida have killed at least two people.
The Mortgage Note Reports
Best Of 2024: First-time homebuyers will find the best mix of affordability, inventory, and young homeowners in Midwestern metros, with St. Louis taking the #1 spot.
Split View: Housing experts disagree on the impact of the Biden administration’s move to cap rent increases for affordable housing units under LIHTC.
Listen Up: Spring is here and the home selling season is getting underway. Writer Nicole Murray spoke with real estate professionals and recent buyers to see what they think about the current market for our latest podcast.
In other mortgage and housing news…
Follow-Up Suit: After a report was released accusing UWM of fraud, the company was hit with a proposed consumer class action suit.
Loan Quality: Defect data is trending down, proving “lenders have gotten a better handle on loan quality after the alarming spike observed in Q3 2022.”
“Ease The Pain”: With affordability expected to remain challenging for home buyers, the Wall Street Journal recommends three ways to lock in a lower mortgage rate.
Home Improvement: Los Angeles and Chicago are the best cities for fixer-uppers thanks to a combination of available listings and savings potential.
Tax Burdens: Property taxes took an unusually high turn upward last year, pushing effective rates up, thanks to inflationary pressures on local governments.