Why mortgage purchase apps are on a 22-week growth streak
Purchase apps for existing homes have had 22 weeks of year-over-year growth, including nine weeks of double-digit year-over-year growth.
Housing Market
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State AGs oppose HUD’s plan to roll back fair housing marketing rules
The proposed rule would eliminate federal requirements prohibiting discriminatory marketing of affordable housing.
One ‘Big Beautiful’ win: House advances budget bill for Trump’s signature
The House of Representatives on Thursday voted to advance the budget conciliation bill by a razor-thin margin, echoing the 50-50 tie in the Senate that required Vice President JD Vance’s vote in order to advance the legislation.
Survey: Down payment concerns delay homeownership for many
Among those who are postponing or not planning to purchase, one-third cite insufficient income as the primary obstacle.
Walker & Dunlop closes $240 million affordable housing fund
The funding will pay for 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut, Florida, Idaho and Kansas.
NAR: Homebuyers still have down payment misconceptions
One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.
Home equity cushions homeowners against economic shocks
The latest NMDB report from FHFA shows that 82% of homeowners in America have at least 30% of equity in their homes.
Have slightly lower mortgage rates stabilized the housing market?
With all the Fed drama last week, the 10-year yield declined and mortgage rates fell to 6.72%. This small move helped stabilize the market.
It’s official: DOGE cuts are impacting the DC housing market
A survey conducted by Bright MLS reveals that agents on the ground in D.C. are seeing firsthand the effects of job loss on a higher scale.
HUD announces three senior leadership additions
Friday’s staff appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary.