Forbearance rate drops for seventh week in a row

At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading

How to give first-time buyers the low-down on down payments

There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading

Pulse: What’s your biggest challenge with financing? Readers sound off

What’s your biggest challenge with financing? From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing. Continue reading

7 facts about FHA loans you should know

Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading

10 things agents can be grateful for in 2019

It’s been a long, strange year, but that doesn’t mean we don’t have ample reasons to give thanks. Here are a few thing all agents can be thankful for this Thanksgiving. Continue reading

NAR: ‘What a wonderful house that you have all built’

National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group’s kick-off event for its annual Realtors Conference & Expo Thursday. Continue reading

Feds tweak regulations to lure banks back to FHA loans

A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week announced regulatory changes meant to make that program more appealing. Continue reading

Trump admin proposes massive overhaul of FHA, Freddie and Fannie

The Trump administration Thursday released a long-awaited plan to overhaul the way the U.S. government helps homeowners. Separate guidance from the U.S. Department of Housing and Urban Development and the United States Department of the Treasury includ… Continue reading