Most Recent Housing markets News

Trump pulls back from 401(k) use for down payments

Trump pulls back from 401(k) use for down payments

President Trump is said to have expressed reluctance to back penalty-free use of tax-advantaged 401(k) funds for down payments as...

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Trump’s MBS buying plan sparks rally, long-term doubts

Trump’s MBS buying plan sparks rally, long-term doubts

If it comes to fruition, President Trump’s call for a $200 billion purchase of mortgage-backed securities could further tighten MBS...

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US home equity drops $374B as underwater mortgages rise

US home equity drops $374B as underwater mortgages rise

Borrower equity in the U.S. saw a third-quarter pullback, while a corresponding increase in underwater mortgages is raising concerns about...

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ChatGPT, Gemini increasingly used in home buyer searches

ChatGPT, Gemini increasingly used in home buyer searches

When it comes to learning about today’s housing market, a majority of potential buyers are going digital, turning toward artificial...

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Mortgages no longer top payment priority

Mortgages no longer top payment priority

Mortgages no longer sit atop the payment hierarchy, as distressed consumers are 19% more likely to pay their auto loans...

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Maryland community bank bucks trend, pins hopes on mortgages

Maryland community bank bucks trend, pins hopes on mortgages

When Mark Hanna told his banker friends that the Maryland-based community bank he leads was planning to buy a mortgage...

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Housing starts rise to five-month high, led by multifamily

Housing starts rise to five-month high, led by multifamily

Housing starts in the US climbed in July to five-month high, led by the strongest pace of multifamily construction in...

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FHFA set to end equitable housing finance plans for GSEs

FHFA set to end equitable housing finance plans for GSEs

The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule, stating...

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Douglas Elliman adds mortgage unit to real estate sales

Douglas Elliman adds mortgage unit to real estate sales

Douglas Elliman, the nation’s sixth-largest real estate brokerage, is the latest firm to unite home sales and financing under one...

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Stagnant home sales likely to be a drag on US economy

Stagnant home sales likely to be a drag on US economy

The ongoing slump in existing home sales is quite likely to curb consumer spending in the U.S. in the not-too-distant...

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