Source: CBS News — The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to...
Source:The Washington Post — At the start of the year, it looked like mortgage rates were headed nowhere but up. But lately, they have backslid. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 2.96...
Source: CNN — With the inventory of homes for sale historically low and prices higher than ever, the battle to buy a home has been taken to a whole new level. The number of available homes to buy in April dropped by 40% from a year ago and 50% from 2019,...
Source: Realtor . Com — While home buyers might hope that they will qualify for a mortgage from the usual financial institutions, like a bank, they may find that their spotty credit score is an obstacle that prevents them from qualifying. What then? One Plan B...
Source: Housing Wire — The Federal Housing Finance Agency (FHFA) finalized a rule on Monday that will require Fannie Mae and Freddie Mac to develop plans that would ensure upon their eventual exit from conservatorship, they won’t do any large scale harm to the...
Source: Housing Wire — While the first-time homebuyers welcomed news of a down payment assistance grant or tax credit, the mortgage industry and housing experts expressed deep skepticism. Two proposals under consideration in Congress aim to give first-time...
Senate Approves 21st Century ROAD to Housing Act
