Tag Archives: Affordable Housing

In an agreement over non-discrimination in marketing and tenanting procedures, HUD renews its commitment to ensuring that all eligible applicants can participate in Department-funded housing programs.

In November, new listings jumped to their highest level since October 2022, while home prices also posted its biggest increase since the same time last year. Pending home sales also continued to rise, but many home purchases fell through at a record rate as some homebuyers got cold feet, according to a new Redfin report.

Taking a look back at the significant milestones it has achieved, HUD continues to focus on expanding access to homeownership, supporting home retention, and addressing racial bias nationwide.

In its Annual Financial Report, Ginnie Mae highlights its financial performance and accomplishments over the past year, as it supported affordable, equitable homeownership and rental housing for tens of millions of American households.

“FHFA’s comprehensive review of the Federal Home Loan Bank System has highlighted its long-term importance in both providing liquidity in the housing finance market and promoting housing affordability and community investment,” said Director Sandra L. Thompson.

A new report explores the drastic increase of consumers in search of delinquent mortgage counseling, which skyrocketed in 2023 compared to the previous year. Click though to read how once-manageable levels of unsecured debt have abruptly become unmanageable for many homeowners.

Delivering solid third quarter earnings while supporting the U.S. housing finance system, Freddie Mac reported net revenues at $5.7 billion, up 10% year-over-year, driven by higher net interest income and non-interest income.

The U.S. Department of Housing and Urban Development announced for commitments to public safety, facility improvements, economic development, and housing projects to further develop and preserve more housing nationwide.

"Rents have registered steady declines for the past four months and, while they remain well above pre-pandemic levels, when you factor in the impact of record-high mortgage rates and high home prices, it's understandable that many would-be homebuyers are choosing to remain on the sidelines," said Danielle Hale, Chief Economist at Realtor.com.

“No one who has bravely served our country should struggle to secure and maintain housing," said Secretary Marcia L. Fudge. "HUD is taking an important step toward helping improve the quality of life for Native American Veterans."