The total number of U.S. homes for sale for the four weeks ending June 11 was 6% lower from one year earlier, according to data from Redfin (NASDAQ:RDFN). This is the biggest decline in 13 months. Redfin reported new listings were down by 23%, which marked the tenth...
The Federal Housing Administration (FHA) is making more than 30 single-family home loan documents and related resources used in the origination of FHA-insured mortgages available in Chinese, Korean, Spanish, Tagalog and Vietnamese. According to the agency, the...
UnidosUS, a nonprofit, nonpartisan Hispanic civil rights organization, has launched HOME (Home Ownership Means Equity), a new initiative that seeks to enable four million new Hispanic homeowners by 2030. According to the Washington, D.C.-based organization, HOME will...
After today’s announcement by the Federal Reserve that it is pausing its strategy of raising interest rates, one of the nation’s most prominent housing economists has called on the central bank to back off from future hikes. Lawrence Yun, the chief...
More than nine of every 10 U.S. homeowners with mortgages (91.8%) have an interest rate below 6%, according to a new report from Redfin (NASDAQ:RDFN). This is slightly below the record high of 92.9% hit in mid-2022. Redfin also noted that 82.4% of mortgaged homeowners...
Propertymate, an Austin-based proptech startup that helps homebuyers to search, compare, and buy newly constructed homes, has raised $5.5 million in seed funding. According to the company, the new infusion of funds will enable it to rebrand as NewHomesMate and expand...
