The proposed plan will tighten fiscal policies for public housing and could potentially eliminate federally funded community development grants.

Rising rentals are making many people realize that buying a home is a much better investment, and is increasing real estate sales in many areas.

Throughout his hour-long speech, the president spoke of many changes and plans he had to “make America great again”—perhaps the most important of which to mortgage professionals were his comments regarding regulation.

NAFCU CEO says that consumers need to be protected, but that credit unions did not participate in the illegal activities that led to the 2008 financial crisis and therefore should not be regulated by the CFPB.

Experts predict that home sales activity will likely be choppy in coming months as buyers compete for the meager number of listings in their price range.

Economist says that decrease in loan applications for refinancing is partly responsible for the increase in loan application defects.

Higher interest rates have caused some prospective homebuyers to consider buying a smaller home or a home in a less affluent neighborhood.

Republicans don’t want any new rulings coming from the Federal Reserve and may move to block any attempts from that agency.

The recently confirmed Secretary of the Treasury, Steven Mnuchin, announced his ambitious goals for a U.S. tax-code overhaul by August on Thursday and also addressed the future of Fannie Mae and Freddie Mac.

One expert found that higher interest rates discourage homeowners to sell due to fear of inheriting a more expensive mortgage.