by Jesse Williams | Dec 20, 2021 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Teams |
Mortgage applications for new-home purchases decreased 2.2% YoY, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for November 2021. On a monthly basis, applications decreased by 3%. MBA estimates new single-family home sales...
by Jesse Williams | Dec 20, 2021 | Consumer, Industry News, Latest News, National, News |
(TNS)—Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar, mortgage rates will head higher, too. But there’s a silver lining to this cloud for borrowers as well. Today’s...
by Jesse Williams | Dec 20, 2021 | Industry News, Latest News, National, News |
The Federal Housing Finance Agency (FHFA) recently issued a proposed rule that would require Fannie Mae and Freddie Mac to develop, maintain and submit annual capital plans to FHFA. This requirement helps protect taxpayers by ensuring that the Enterprises properly...
by Jesse Williams | Dec 20, 2021 | Industry News, Latest News, National, News |
The U.S. Department of Housing and Urban Development (HUD) recently announced that over $1 million has been awarded to public housing agencies (PHAs) across the country to provide housing assistance to youth who are aging out of foster care and are homeless or at risk...
by Jesse Williams | Dec 20, 2021 | Industry News, Latest News, National, News |
Less frenetic but still fast paced is the prediction for the 2022 housing market in Northern Virginia, which echoes national expectations, according to the Northern Virginia Association of REALTORS® (NVAR) in its annual forecast produced in conjunction with George...