Bipartisan House legislation seeks to modernize the notarization process, and will allow individuals stationed outside of the U.S. to securely notarize documents.
Read More »New Treasury Department Measure Seeks to Boost Affordable Housing Supply
The U.S. Department of the Treasury has provided new guidance to increase investments in housing by utilizing American Rescue Plan funds to boost the nation’s supply of affordable options.
Read More »Mortgage App Volume Dips for Fourth Consecutive Week
The MBA reports that overall application volume is down yet again, with lingering economic uncertainty and affordability issues keeping prospective buyers on the sidelines.
Read More »Housing Markets Shifting Toward a ‘New Equilibrium’
Month-over-month, home prices fell 0.9% in May, as CoreLogic S&P Case-Shiller reports actions by the Federal Reserve to cool the market have made mortgage financing more expensive for buyers nationwide.
Read More »Inflationary Concerns Spur Homebuyer Hesitation
A recent Quicken survey found that 21% of those polled planned to buy a first or new house in 2022, with 69% of that segment now reconsidering that move.
Read More »Housing Experts Take to Capitol Hill to Address Affordability
A recent Senate Banking Committee hearing addressed the nation’s homeownership gap, and provided recommendations on how to mend a market in peril.
Read More »Mortgage Rates on the Rise in Advance of Fed Meeting
With the Federal Reserve expected to take further action to address continued inflationary concerns, mortgage rates rose for the second consecutive week amidst softening market demand.
Read More »Mortgage Application Activity Falls to 22-Year Low
Rising rates and a dwindling demand for refis has pushed mortgage applications down for a third consecutive week, falling to lows last seen in 2000.
Read More »Housing Starts Fall to Two-Year Low
HUD and the Census Bureau report that single‐family housing starts in June were 8.1% below May’s figure, as builder confidence continues to fall.
Read More »The Week Ahead: FHFA Takes Center Stage at House Committee Meeting
Testifying on Capitol Hill, FHFA Director Sandra L. Thompson will be discussing the impact of the Agency on the progress of equitable housing for all nationwide.
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