A recent upward trend in Treasury yields has pushed mortgage rates above the 7.5% mark, further complicating the road to affordability for many as mortgage apps have dropped 6% week-over-week.
Read More »Hot, Hot, Hot! The Most Expensive Listings in Every State
Millions of dollars can purchase extraordinary, one-in-a-million homes. Click through to find out where the most expensive homes are located, as analyzed by Point2.
Read More »What’s Up With the Number of Home Purchases That are Falling Through?
Sixty thousand home purchases fell through in August, a recent high, for reasons ranging from inflation to mortgage interest rates and evaporating work-from-home opportunities. Click through to dive into the data behind this trend.
Read More »HUD Issues More Than $30M to Fight Housing Discrimination
The Department has announced more than $30 million in grants that will support fair housing education, outreach, testing, and enforcement activities.
Read More »Newrez Launches Onward Home Mortgage
National mortgage lender and servicing organization has established a new joint venture, lender Onward Home Mortgage, through the Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group.
Read More »Mortgage Banks: Don’t Overlook Value in Low-Dollar Loans
“In recent years, housing inventory constraints and home-price appreciation have resulted in rising average loan balances for single-family homeownership. Yet, financing lower balance loans is an essential way for the mortgage industry to facilitate access to affordable, lower-valued homes,” said MBA’s VP of Industry Analysis Marina Walsh, CMB.
Read More »August Home Prices Appreciated at a Rate That Beat 25-Year Averages
"After essentially flattening earlier this year, year-over-year home price growth has been reaccelerating for the last few months," said Andy Walden, ICE VP of Enterprise Research.
Read More »HUD Dedicates $10M to Safety and Security in Public Housing
New Departmental grants will support crime prevention, the installation of carbon monoxide and smoke detectors, and fire alarms in 56 communities, enhancing safety and security for public housing residents.
Read More »Pending Home Sales Fall 7% in August
NAR reports that pending home sales dropped in all four U.S. regions month-over-month and compared to one year ago, as mortgage rates above 7% continue to impact homebuying.
Read More »HUD Clarifies Civil Rights Protections Against Housing Discrimination
As part of the Biden Administration’s strategy to counter antisemitism, HUD’s Office of Fair Housing and Equal Opportunity has joined seven other federal agencies to issue fact sheets on Title VI protections.
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