Daily Dose

As many Americans are leaving their hometown in search of more affordable areas, elevated mortgage rates and a shortage of inventory continue to deter U.S. homebuyers, as overall home sales dropped 22% from a year earlier in April.

The Latest S&P CoreLogic Case-Shiller Index found that the national index posted a 1.3% increase in March 2023 over the previous month.

Click through to learn more about what the change means in context, and how it relates to the current debt-ceiling discussions.

Implementation of rules changes will increase transparency for Ginnie Mae’s global investors by enhancing data flow with its issuers.

Home prices are falling by double digits in popular metros like the Bay Area and rising by double digits in South Florida cities like Miami, according to Redfin.

Mortgage insurers reported that over one million borrowers utilized low down payment programs in order to secure a mortgage for a home; about 97% of these purchases helped people buy new homes and first-time buyers get into one.

NAR’s latest report reveals pending home sales were down across the U.S. on a year-over-year basis. Click through to find out what else the report revealed.

According to ATTOM, median home values declined in 52% of Opportunity Zones in Q1, standing firmer than other local markets nationwide.

An upcoming Five Star Institute webinar will closely examine how the nation’s small business lenders will be affected by Section 1071, and what can be done to prepare for implementation of the rule.

A new round of HUD funding will strengthen coordination among public housing authorities, public child welfare agencies, and Continuums of Care.