Climate Risk Affecting Homebuyers’ Preferences
A clear majority of people in each region of the U.S. consider at least one type of adverse climate event when shopping for a new home, be it floods, fires, [...]
Mortgage Rates Soar to 22-Year High
While economic uncertainties remain a struggle for many Americans, rate hikes continued to slow overall housing market activity in August as mortgage rates reached their highest in over two decades, [...]
Pretium Taps Former Morgan Stanley COO Jonathan Pruzan as New President
After spending the last 28 years with Morgan Stanley as COO, CFO, and Head of Corporate Strategy, Pretium names new President and member of the Executive Committee to oversee the [...]
HUD Awards Nearly $130M to Boost Tribal Affordable Housing
Twenty-two awards, totaling approximately $128 million, have been awarded by HUD to Tribal communities nationwide for the construction of new housing units and increase affordable options for low-income Native American [...]
Here’s Where You’ll Get the Biggest Home Equity Loans
With home equity at all-time highs, now estimated to be some $28.7 trillion of it, you will not get the same size HELOC everywhere. Here’s where you will get the [...]
HUD Reveals Updated Fair Market Rents, $113M in Housing Vouchers
The U.S. Department of Housing and Urban Development announced a 12% increase in Fair Market Rents across the U.S., in addition to making $113 million available in Housing Choice Vouchers [...]
Peter Lillestolen Promoted to Oversee Targeted Affordable Housing for Freddie Mac Multifamily
A 12-year veteran of the GSE, Peter Lillestolen will manage Freddie Mac’s affordable housing retail business, Low-Income Housing Tax Credit (LIHTC) equity, as well as senior housing initiatives. Source: DS [...]
The Week Ahead: Property Insurance and Its Impact on Consumers
The Senate Banking Committee will host an upcoming hearing examining the state of property insurance, climate change, and its financial impact on the nation’s homeowners. Source: DS News
HUD Awards $24M+ to Combat Housing Discrimination
HUD issues more than $24 million in resources to assist organizations with funding to fight housing discrimination and help build fair and inclusive communities nationwide. Source: DS News