As the shutdown continues, the real estate industry will also increasingly feel the ripple effects. Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, D.C., housing market are all already starting to feel the… Continue reading
In case you were head down in the Compass merger news last week, we’ve put together a roundup of the market stats and how-tos you may have missed. Continue reading
The National Flood Insurance Program, set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions. Continue reading
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading
HUD Secretary Scott Turner shares how new policy rescissions simplify processes, reduce financing costs and strengthen the housing market, fostering a more effective FHA-insured lending process. Continue reading
Recission of a dozen regulatory policies is aimed at “slashing red tape that drives up costs and shuts families out of the market,” HUD Secretary Scott Turner said. Continue reading
As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent, up from 64 percent a week ago. Continue reading
Purchase loan demand was up 11 percent last week, with “surprisingly strong” demand from conventional loan borrowers given lingering economic uncertainty, MBA economist Mike Fratantoni says. Continue reading
Lenders no longer under orders to keep a sharper lookout for appraisal bias or have a process for helping borrowers who suspect appraisal bias to ask for a “reconsideration of value.” Continue reading
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to federal workforce and programs. Continue reading