Every month, the housing industry gets another collection of national numbers. Home prices are up. Sales are down. Inventory is improving. Affordability is getting worse. Builder confidence moved. Mortgage applications changed. We report those numbers because they...
Seven federal agencies have withdrawn a 2022 interagency statement that encouraged creditors to consider Special Purpose Credit Programs, adding another significant change to a fair-lending framework that the Consumer Financial Protection Bureau had already revised...
The Federal Home Loan Bank System was created in 1932. I don’t bring up that date because there is anything inherently wrong with a 94-year-old institution. Some of the most important pieces of our housing-finance system have been around for generations. I bring...
For several years now, nearly every serious discussion about housing affordability has eventually arrived at the same conclusion: America needs more homes. I don’t disagree with that conclusion. What bothers me is how often we stop the conversation there, as...
President Trump’s recent focus on restricting large institutional investors from purchasing single-family homes has sparked a new wave of questions: Who is competing for inventory? How does that competition affect affordability? And what happens if the biggest players...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
