The available stock of for-sale homes hit new lows at the end of 2019, and Freddie Mac stated more than 2 million units will be needed to make up for the current deficit.
Read More »Coronavirus Causing Havoc on Wall Street
With both the Nasdaq and S&P 500 posted their biggest one-day losses since 2011 but the effects of the disease on housing could be both positive and negative.
Read More »House Financial Committee Considers Numerous Housing Bills
The pieces of legislation look to address affordability, housing stock, and the access to small-dollar mortgages though the FHA.
Read More »Pending Home Sales Jump More Than 5% in January
A new report says the annual increase is nearing 6%, and a main cause for the spike could be another drop in the average interest rates for mortgages.
Read More »CFPB Accused of Unlawful Funding Practices
The case of Law Offices of Crystal Moroney v. Bureau of Consumer Financial Protection alleges that the Bureau is able to draw funding directly from the Federal Reserve without oversight from the appropriations committees of Congress.
Read More »Could the Solution to Affordability be Found in Europe?
A new report suggests public housing may not only be a viable option, but is one that is starting to garner some support among lawmakers.
Read More »Eye on The Industry: Mortgage Lender Debuts New Platform
Additional reports on Rocket Homes’ new Neighborhood Trends Report and an industry leader honored for its work with 9/11 veterans are also included.
Read More »The Role Mortgages, Housing Play in Consumer Debt
Read more on a new survey detailing the main reasons people owe money.
Read More »Residential Prices and LIBOR’s End
In a new report from CoreLogic, review some of the most important recent mortgage and housing data.
Read More »Presidential Candidates Address Reverse Mortgages
With housing issues a key focus for several presidential candidates, click through to learn what President Trump and White House hopefuls Michael Bloomberg, Bernie Sanders, and Elizabeth Warren have said about home equity conversion mortgages.
Read More »