Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Housing As Health Care: The Debate Continues
As more states channel Medicaid money into housing, the debate around whether states should use public health insurance money to provide housing is intensifying
Eugene, Ore., to Use $1M Trust Fund for Affordable Housing
The city is currently seeking proposals for affordable housing projects
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
Pennsylvania Allocates $98M to Tackle Affordable Housing Shortage
The state of Pennsylvania has allocated the funds from the American Rescue Plan Act to produce more affordable housing units
Economics
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
Housing Policy + Finance
Pennsylvania Allocates $98M to Tackle Affordable Housing Shortage
The state of Pennsylvania has allocated the funds from the American Rescue Plan Act to produce more affordable housing units
Financing
The Fed Hits Pause on Rate Hikes, but Borrowing Costs Remain High
The Federal Reserve is expected to pause rate hikes, but buyers will continue to feel the sting of elevated borrowing costs for months to come
Housing Policy + Finance
Fannie Mae Warns of High Rates in 2024
The Federal Reserve's staunch monetary policy could keep interest rates high and continue to affect the U.S. economy into 2024
Housing Policy + Finance
FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs
The Federal Housing Administration now allows buyers to include rental income from accessory dwelling units in their mortgage applications
Government + Policy
White House Announces Initiatives to Boost Homeownership
The federal government recently announced a series of new housing policies aimed at creating more affordable pathways to homeownership
Housing Policy + Finance
HUD Allocates $212M to Build Affordable Housing for Disabled Americans
The U.S. Department of Housing and Urban Development is providing $212 million to boost affordable housing for Americans with disabilities
Housing Policy + Finance
Industry Leaders Warn of Economic Risks Caused by Soaring Mortgage Rates
Three industry giants recently addressed Federal Reserve Chairman Jerome Powell to warn of the adverse effects ongoing interest rate hikes could have on the housing market
Housing Policy + Finance
The Federal Reserve Tightens Its Grip on the US Housing Market
Mortgage rates just surpassed a 23-year high, and experts say more rate hikes are on the horizon
Housing Policy + Finance
US Treasury Awards $321M to Boost Affordable Housing
The funding, allocated to more than four dozen organizations, will be used to kickstart new affordable housing projects