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A trio of Republican Congressmen stated they will investigate how the program got fast-tracked by the Biden Administration.
March 19 -
Industry veterans are wary of prospective borrowers who can't pay for agents, and of compensation guidelines clashing with government mortgage lending programs.
March 19 -
Fannie Mae's latest forecast now predicts rates to be half a percentage point higher, and volume to be $1.5 trillion lower than previously expected in 2024.
March 19 -
U.S. residential starts increased 10.7% in February, the largest since May, to a 1.52 million annualized rate, government data released on Tuesday disclosed.
March 19 -
Even with the recent pickup, builder sentiment may remain below its longer-term average until borrowing costs fall more significantly.
March 18 -
Listings of existing homes rose 12% in February compared with a year earlier, and one in five of them are seeing price cuts, according to Zillow Group Inc.
March 17 -
Some potential sellers are realizing that waiting for lower rates might not be worth it given the amount of equity they have, Zillow said.
March 15 -
While prices for concrete, steel and gypsum products all increased, softwood lumber declined, the National Association of Home Builders said.
March 15 -
Gen Z and millennials are more willing to take a higher mortgage rate in order to buy a home than Gen X and baby boomers, the ServiceLink report found.
March 14 -
A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.
March 13