Tag Archives: kamala harris

Real estate industry welcomes FHA premium cuts, with caveats

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Cuts are expected to save borrowers $678 million a year but don’t apply to existing loans or release homeowners who have built up equity from “life-of-loan” requirements. Continue reading →

Biden administration lays out bold plan to combat appraisal bias

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The five-point plan seeks to make the appraisal industry more accountable, arm consumers with assistance, prevent algorithmic bias, cultivate a more diverse appraisal industry, and leverage federal data to benefit research and policymaking. Continue reading →

46% of homeowners say rising home prices have made life worse

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According to a Redfin survey of 3,000 Americans who bought or sold a home in the last year, 46 percent of respondents say rising home prices have made their lives worse. Continue reading →