Source: Politico — President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis....
Source: The Guardian — House prices are soaring and gazumping has returned in property hotspots. The average cost of a home jumped by 13.4% in June from the same month last year, according to Nationwide building society. This is more than four times the 3%...
Source: Oil Price — It’s been over a decade since 10 million people in the United States lost their homes in the 2008 subprime mortgage crisis. Over a decade since the financial devastation set in motion by the housing crash caused a recession which destroyed...
Source: Fox Business — U.S. homes, even in the most affordable neighborhoods, continue to climb in price — ultimately deterring more homebuyers from taking the plunge. During the pandemic, demand in America’s heated housing market continues to outstrip...
Source: The M Report — “It’s deep in the race for a man to want his own roof and walls and fireplace, and we’re helping him get those things in our shabby little office.”—“Pa” Bailey to George Bailey, It’s a Wonderful Life Owning a home has been...