Tag Archives: Biden Administration

A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.

After falling back toward the 5%-mark, Freddie Mac reports that mortgage rates rose more than 40-basis points this week, as continued slowdown in economic growth weighs on the housing market.

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.

The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.

Tai Christensen, DEI Officer of CBC Mortgage Agency, discusses how bias in the home valuation process impacts prospective homebuyers in communities of color.

With rates still above the 5% mark, mortgage application volume fell for the fourth time in five weeks, hitting a low last seen in December of 2018.

HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.

An analysis finds that higher rates may stifle price growth, with new listings hitting a 10-year high in the new year.

In a letter to the White House, NAHB Chairman Fowke outlined three major areas of concern for home builders that may negatively impact the overall U.S. economic landscape.

Current Acting Director Sandra Thompson has been endorsed by Rep. Maxine Waters to assume full leadership of the FHFA.