The 2023 mortgage market began on a positive note, as Freddie Mac reported a week-over-week slide in mortgage rates leading to an uptick in refinance apps.
Read More »Year Begins With Mortgage Rates on the Upswing
Freddie Mac reports that 2023 has begun with a second consecutive week of mortgage rate hikes, with app activity sinking to a quarter-century low as high rates continue to weaken the housing market.
Read More »Senate Passes VA Appraisal Modernization Measure
Under HR 7735, servicemembers, veterans, and their families will have increased access to more affordable, sustainable homeownership opportunities through the Department of Veterans Affairs.
Read More »Mortgage Rates Fall for Third Consecutive Week
Riding the hopes that the Federal Reserve will slow its pace of rate hikes, Freddie Mac reported that the 30-year, fixed-rate mortgage fell yet again, as house prices soften with 2022 coming to a close.
Read More »FHA Continues to Play Pivotal Role in Homeownership
“I’m so proud of FHA’s work to make homeownership possible for our nation’s underserved households and communities,” said Federal Housing Commissioner Julia R. Gordon.
Read More »Mortgage Rates Creep Toward 7% Mark
Mortgage rates continue to force down application volume, with Freddie Mac reporting rates moving slightly upward yet again this week, adversely impacting the housing market as demand dwindles.
Read More »After Giant Leap, Mortgage Rates Cool Slightly
On the heels of the Fed’s rate hike, mortgage rates edged near the 7% mark last week but trended back downward this week amid ongoing economic uncertainty.
Read More »House Passes Bill to Modernize VA Loan Appraisals
House measure seeks to level the playing field for U.S. veterans in pursuit of homeownership through adoption of a modern, digital appraisal process for VA loans.
Read More »House Passes Measure to Modernize Remote Online Notarizations
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.
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