The Trump administration’s “Big Beautiful Bill” may contain many initiatives lauded by the housing industry, but if you’re a federal regulator — namely the Consumer Financial Protection Bureau (CFPB) — you might have a different take. The multitrillion-dollar bill, which was passed by the U.S. Senate on Tuesday but still awaits approval from the House […]
The CFPB’s budget might be shrinking, but does that even matter? Read More »
Walker & Dunlop has announced the closing of a $240 million Low-Income Housing Tax Credit (LIHTC) fund — the largest in the firm’s history — that’s aimed at supporting the development of affordable housing across 10 states. Fund 124 will finance 18 housing developments totaling 1,701 units in California, Texas, Maryland, Utah, Missouri, Michigan, Connecticut,
Walker & Dunlop closes $240 million affordable housing fund Read More »
Senate Republicans on Tuesday advanced President Donald Trump’s sprawling “Big Beautiful Bill” in a last-second flurry that required Vice President JD Vance to cast a tie-breaking vote. All 47 Senate Democrats voted against the bill, with Republicans Susan Collins, retiring Thom Tillis and Libertarian deficit hawk Rand Paul joining them. The bill now goes back
Housing industry cheers Senate passage of the ‘Big Beautiful Bill’ Read More »
Despite growing attention around all-cash transactions, most Americans — especially first-time buyers — continue to finance their home purchases, according to new data from the National Association of Realtors (NAR). Among primary residence buyers, 74% financed their home purchase in 2024. That share jumps to 91% for first-time buyers, said Jessica Lautz, NAR’s deputy chief
NAR: Homebuyers still have down payment misconceptions Read More »
The most recent National Mortgage Database (NMDB) Aggregate Statistics report from FHFA reveals the significant amount of home equity that American households possess. This should put an end to any discussions suggesting that the housing market is on the verge of a mass foreclosure crisis or that national home prices will crash like they did
Home equity cushions homeowners against economic shocks Read More »
Soaring home prices, limited inventory and elevated mortgage rates have exacerbated the housing affordability crisis in many housing markets when viewed in the context of household incomes, which have remained generally stagnant. In a new study, Zillow compiled related metrics to measure the affordability gap in terms of how much more income a household would
The five housing markets where homeownership is still affordable Read More »
Mortgage rates have been slowly decreasing, but is this drop significant enough to influence our weekly housing data? Keep in mind that our weekend tracker reports provide insights months ahead of the reports most Americans typically read. Therefore, we closely monitor changes in our data trends whenever mortgage rates fluctuate. The last two weeks have
Have slightly lower mortgage rates stabilized the housing market? Read More »
It’s been a strange season for the housing market, caught somewhere between post-pandemic exhaustion and pre-election caution. And yet, in the quiet shuffles of financial markets and whispered policy pivots in Washington, signs are emerging that something may be stirring beneath the surface. Just last week, mortgage rates unexpectedly improved by as much as 0.25%,
As rates dip and policy shifts, is the housing market about to wake up again? Read More »
When Elon Musk was given control over much of the federal government staffing levels at the start of President Donald Trump’s second term, real estate professionals in Washington, D.C., wondered if the sweeping layoffs would impact the housing market. While everyone has taken a wait-and-see approach, it’s getting hard to deny that people are moving
It’s official: DOGE cuts are impacting the DC housing market Read More »
The U.S. Department of Housing and Urban Development (HUD) announced on Friday that Jonathan “Drew” McCall, Todd Thurman and Reid Wilson will serve in senior-level roles under the direction of Secretary Scott Turner. The appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary. Per the department, the new
HUD announces three senior leadership hires Read More »