Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs has drafted the outline for a bill to revitalize the U.S. economy and boost avenues for capital [...]
The FHA has proposed changes to the Home Equity Conversion Mortgage Program geared toward improving program stability and to adapt to changing market conditions. Source: DS News
A new Fannie Mae report examines how the "lock-in effect" is affecting the housing market, as many existing homeowners refuse to sell their homes because their current mortgage rate [...]
Rep. Maxine Waters has issued a letter to the Chair of the SEC to move quickly to finalize its proposal in order to improve the quality of climate-related disclosures [...]
On average, it may take the average U.S. homeowner 30 years to pay off their mortgage. Click through to find the nation’s cities with the most unpaid mortgages and [...]
The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their October/November meeting, a repeat [...]
Delivering solid third quarter earnings while supporting the U.S. housing finance system, Freddie Mac reported net revenues at $5.7 billion, up 10% year-over-year, driven by higher net interest income [...]
The number of vacant properties sits at well over 1.2 million dwellings amid a serious inventory crunch. Click through to find out what percentage of vacant homes are considered [...]
As limited supply and affordability barriers continue to hinder potential homebuyers, Bankrate surveyed how U.S. adults feel about the ever-changing housing market, revealing that nearly half of all Americans [...]
“As mortgage rates remained high while house prices slowed in the first and second quarters of 2023, the median monthly cost to own exceeded the cost to rent,” said [...]
