The Federal Home Loan Bank of Dallas (FHLB Dallas) has expanded the eligibility in its Housing Assistance for Veterans (HAVEN) program. The program had previously been available to veterans, active-duty, reserve or National Guard service members who became disabled as...
The U.S. Department of Housing and Urban Development (HUD) has announced the allocation of $29.5 million in noncompetitive funding to state and local fair housing enforcement agencies under its Fair Housing Assistance Program (FHAP). The FHAP is designed to provide...
The June reading for Fannie Mae’s (OTCQB: FNMA) Home Purchase Sentiment Index saw a scant 0.4-point uptick to 66.0, with the full index up by only 1.2 points from one year ago. However, there is a slight level of optimism among consumers – at least compared to one...
Mortgage rates were on the upswing again, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.81% as of July 6, up from last week when it averaged 6.71%. A year ago at this time, it averaged...
The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, according to new data from Redfin (NASDAQ:RDFN). This marks the first time since last August that the average home was selling for more than its asking price. Redfin also noted the...
Mortgage application activity last week experienced a downturn, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down 4.4% on a seasonally adjusted basis...
