Nearly half of Americans said they are less likely to make a major purchase like a home due to the ongoing federal government shutdown, a share that has doubled over the past month, rising from 21% in early October to 45% in early November
Nearly one full month into the federal government shutdown, markets where many households rely on federal employment are seeing homebuyers take a brief step back as uncertainty persists
The move ensures continued flood insurance coverage, essential for many homeowners in high-risk flood areas, during peak hurricane season.
Limited staffing at HUD and USDA may cause delays in FHA, VA, and reverse mortgages, impacting home buyers and the broader housing market.