The MBA reports that new home purchase mortgage applications in June rose 26.1% year-over-year, despite mortgage rates nearing the 7% mark.
Most Recent Articles
Q3 Home Prices Grow Less Affordable Nationwide
A recent study reveals that in a startling 99% of U.S. counties having enough data to evaluate for Q3 2025, median-priced single-family homes and condos were less affordable than historical...
Past as Prologue: Where Is the Housing Market Headed?
The 2008 housing crisis was predicted by expert economist Peter Schiff, who is now warning of another possible crash within the U.S. housing market. More details are revealed in a recent report...
New Legislation Targets Housing Inequities for Disabled Veterans
Reps. Mike Kelly, Linda T. Sánchez, Jimmy Gomez, and Blake Moore have introduced the Fair Housing for Disabled Veterans Act, ensuring that veterans’ service-related disability benefits are not...
Generational Shifts: Homebuying Trends Across U.S. Metros
A new LendingTree study shows the average homeowner is just over 50 years old, but age trends vary widely across U.S. metros, with California and Florida leading for older owners while Utah and...
Renters Demand More: Here’s What Tops Their Wish Lists
As renters explore their housing options, a new poll examines exactly what they are seeking when choosing a new place to call home, and what property managers must do to keep pace. The post...
Challenging the Foreclosure Abuse Prevention Act
Two Legal League member firms have filed a federal class action suit in the Northern District of New York, challenging the impact of the state’s Foreclosure Abuse Prevention Act. The post...
Home Sales Quiet in August, But Annual Numbers Offer Some Hope
Despite mortgage rates falling considerably during the month of August, cautious homebuyers were hesitant to come off the sidelines, as existing-home sales remained essentially the same as July,...
Which Metros Will Benefit Most From Declining Mortgage Rates?
"Falling mortgage rates open doors for many would-be buyers and sellers, but where you live determines how much the market shifts in response to the opportunity," said Danielle Hale, Chief...
Sen. Warren Questions Treasury Secretary Bessent on GSE Privatization
Sen. Elizabeth Warren has reached out to Treasury Secretary Scott Bessent requesting info on the Trump administration’s plans to privatize Fannie Mae and Freddie Mac. The post Sen. Warren...
FHFA Withdraws From Climate Finance Coalition
The Federal Housing Finance Agency (FHFA) Director Bill Pulte declared that the FHFA would no longer be a part of the Greening the Financial System Network of Central Banks and Supervisors. To...
New Legislation Seeks to Improve Oversight of Military Housing Programs
Alongside Congressman Sanford D. Bishop, Jr. (GA-02), Congresswoman Jen Kiggans (VA-02) introduced the Military Housing Performance Insight Act. The Military Housing Privatization Initiative is a...
Why Empty Homes Alone Can’t Fix America’s Housing Crisis
With 15 million vacant units nationwide, some see an easy fix for affordability. But experts say location, condition, and ownership mean most vacancies cannot be turned into homes for families in...
Fannie Mae Weighs in With Latest Rate Forecast
Homebuyers waiting for mortgage rates to dip below the 6% mark may have to sit on the sidelines a little longer, as Fannie Mae has revised its market projections for the next 24 months. The post...
FHA Cuts Multifamily Mortgage Insurance Premiums
Citing a rise in construction costs and mortgage interest rates, HUD has cut all Multifamily Mortgage Insurance Premiums to 25 basis points in response to current market conditions. The post FHA...
2025 Experiences Strongest Buyer’s Market in More Than a Decade
Homebuyers had the strongest negotiating power in August, according to recent Redfin data, with over half a million more sellers than purchasers. However, could the situation experience reversal...
Bipartisan Bill Seeks Relief for FHA Borrowers’ Insurance Costs
Reps. Gregory Meeks and Pete Sessions have introduced the Mortgage Insurance Freedom Act, a bill which would allow borrowers to stop paying FHA mortgage insurance premiums once they have built up...
Fixer-Uppers Surge in Popularity, Giving U.S. Buyers More Opportunity
A new Realtor.com report showed searches for "fixer-upper" homes have more than tripled in the last four years, with homebuyers nationwide eyeing these heavily discounted homes to help break into...
Turning Risk Into Readiness: What Top Catastrophe Management Programs Offer Servicers
As disaster events intensify, mortgage servicers must demand more from their insurance partners and redefine what true catastrophe readiness looks like. The post Turning Risk Into Readiness: What...
OCC Restructures Supervision: Three Tracks, New Risk-Focus
With assets thresholds and risk profiles driving changes, the restructuring is said to be tailoring oversight and support for various bank types. The post OCC Restructures Supervision: Three...
Protecting Fair Housing: New Coalition Rises in Congress
In a letter to House Speaker Mike Johnson and Rep. Hakeem Jeffries, more than 40 members of Congress are urging the preservation affordable housing and the rights of Americans against housing...