The bipartisan measure would cut taxes for middle-class homeowners by restoring and extending an expired tax deduction for home buyers with MI, as well as expanding the number of families eligible for the deduction.
Read More »Senate Examines the State of Housing
U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing in February on the topic of “The State of Housing 2023” with three highly placed witnesses to give testimony to the committee addressing current challenges and forecasts of what to expect in real estate this year.
Read More »Trade Groups Seek FHA Mortgage Insurance Premium Reduction
In a letter to the White House, NAR, the MBA, NAHB and MHI have submitted a letter asking for the FHA to cut its mortgage insurance premium by helping increase wealth nationwide.
Read More »Report: Home Prices Will Continue to Decelerate
In the month of June, housing markets in the Western U.S. began to show signs of slowing, as S&P CoreLogic Case-Shiller data found a 1.9% overall month-over-month slide in the price of houses across the U.S.
Read More »Fall in Housing Permits Gives Way to Rise in Multifamily Construction
HUD and the Census Bureau reported housing starts dipping 9.6% below their revised June estimate, as erratic mortgage rates, supply chain concerns, and high prices mount to create housing affordability challenges.
Read More »Unexplored Territory
The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.
Read More »Addressing Housing Instability Via Vouchers and GSE Reform
Industry experts took to Capitol Hill to discuss the state of the housing market and share their insights about how to create equitable housing opportunities for all, nationwide.
Read More »Dip in Housing Starts Boosting Inventory
While single‐family housing starts were down in June, home buyers today are presented with more options, as new-home inventory is accounting for a bigger share of the total housing supply.
Read More »Home Price Rise Begins to Slow in April
Although all 20 cities analyzed by S&P CoreLogic Case Shiller in its NSA Index notched double-digit price increases for the 12 months ending in April, home prices slid slightly compared to March’s totals.
Read More »Housing Starts Down in May
With residential construction continuing to slow, the Fed’s rate hike of last week and its ripple effect on mortgage rates may push housing starts down for months to come.
Read More »