U.S. Housing Market
Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Genesis LA will originate loans to support homeownership, economic development, and nonprofit facilities in the Altadena and Pasadena areas. Continue Reading Bank of America Allocates $10 Million in Zero-Interest Loans to LA Wildfire Victims
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
Sections of Brooklyn, Queens, and Staten Island turned into “no-go zones” for multifamily affordable housing. Continue Reading Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
$60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
The PGP offers up to a 5:1 match of member contributions up to $25,000 per FHLBank Dallas member. Continue Reading $60,000 FHLBank Dallas Grant to Support Affordable Housing Initiatives in New Orleans
Mortgage Rates Take a Small Dip
The 30-year fixed-rate mortgage averaged 6.46% as of Aug. 22. Continue Reading Mortgage Rates Take a Small Dip
Existing Home Sales Inch Up, Breaking 4-Month Decline Streak
“Despite the modest gain, home sales are still sluggish,” said NAR Chief Economist Lawrence Yun. Continue Reading Existing Home Sales Inch Up, Breaking 4-Month Decline Streak
Report: Florida HOA Fees Soaring Above National Median
Tampa’s median monthly HOA fee was up 17.2% year-over-year for the three months ending July 31. Continue Reading Report: Florida HOA Fees Soaring Above National Median
Zombie Foreclosure Rate Sinks in Q3
“Zombie foreclosures continue to be a mere blip on the radar screen,” said Rob Barber, CEO for ATTOM. Continue Reading Zombie Foreclosure Rate Sinks in Q3
GSEs Update Private Mortgage Insurer Eligibility Requirements
The updated standards will be implemented through a 24-month phased-in approach, with a fully effective date of Sept. 30, 2026. Continue Reading GSEs Update Private Mortgage Insurer Eligibility Requirements
Wider Inventory Helps Boost Virginia Home Sales
Last month saw the sale of 9,947 homes across the state, a 10.7% year-over-year increase. Continue Reading Wider Inventory Helps Boost Virginia Home Sales
Alabama Records Sixth Straight Month of Rising Home Sales
Sales volume in July reached $1.51 billion. Continue Reading Alabama Records Sixth Straight Month of Rising Home Sales
Study: Homeowners Are Less Likely to Move Than Renters
Colorado had the largest share of residents who moved. Continue Reading Study: Homeowners Are Less Likely to Move Than Renters
Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage rates are not forecast to go below 6% until the end of 2025. Continue Reading Fannie Mae: Home Sales to Stay Weak Deep Into 2025
Mortgage Application Activity Drops, Forbearance Levels Rise
The total share of loans now in forbearance increased to 0.27% as of July 31 Continue Reading Mortgage Application Activity Drops, Forbearance Levels Rise
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