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How state governments are reimagining American public housing

How state governments are reimagining American public housing

Source: Vox --- What if one of the answers to America’s housing crisis is something that’s been staring us in the face? Public housing — but not exactly the kind most people think of. Even before the pandemic, the nation had too few homes available to buy or...

Mortgage Rates Drop Below Five Percent

Mortgage Rates Drop Below Five Percent

MCLEAN, Va., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.99 percent. “Mortgage rates remained volatile due to the...

Retirement-Aged Homeowners Least Likely to Utilize Equity

Retirement-Aged Homeowners Least Likely to Utilize Equity

Source: The M Report --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...

6-month period brings financial storm for many

6-month period brings financial storm for many

Source: Pensions And Investments --- Defined contribution money managers, like their plan sponsor clients and the millions of U.S. workers who save for retirement with them, are navigating a much different world in mid-2022 than they did at the end of 2021....