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Sales of new U.S. homes increased in January by more than expected to the highest level in nearly a year, fueled entirely by purchases in the South, indicating some stabilization in the housing market after a brutal year.

This line item has risen to its highest point since 2019, according to the Mortgage Bankers Association.

The company said it expects to accelerate its timeline for selling through money-losing inventory, as the data-driven home-flipper looks to move on from a tumultuous year.

The agency is floating new criteria for commingled securities and credit scores, which are undergoing policy shifts.

Buyer affordability has decreased by almost 22% in the past year, according to the Mortgage Bankers Association.

The Consumer Financial Protection Bureau has taken an important step in saying that it would work to root out unfair practices in all banking services. This is will help ensure all customers are treated fairly.

The total price of U.S. homes was $45.3 trillion at the end of 2022, down from a record high of $47.7 trillion in June, according to Redfin's report.

Persistent inflation concerns drove the 30-year average up 41 basis points this month.

The biennial inquiry comes at a time when many are questioning the use of Federal Home Loan bank advances and the system's overall impact on housing.

The cuts add to thousands across the home-lending industry in recent months after the Federal Reserve raised interest rates and cooled what had been a red-hot housing market.