The growth coincides with roughly a quarter of builders saying they cut prices last month.
Tagged: U.S. Department of Housing & Urban Development (HUD)
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.
HUD reportedly owes nearly $400 million in refunds to homeowners.
Listen to the Mortgage Banker Magazine March 2024 cover story.
HUD Secretary Marcia Fudge to depart the Biden administration by the end of the month.
U.S. Census Bureau and HUD report shows incremental growth in single-family home sales.
Originally established as part of FHA's COVID-19 recovery measures, these options are accessible to mortgage servicers to assist all borrowers behind on mortgage payments.
Building permits rise year-over-year, signaling growth, while a significant decline in housing starts and completions points to ongoing challenges and market volatility.
Effective March 4, the Federal Housing Administration's updated regulation promotes broader participation in FHA programs, benefiting smaller loan originators and credit unions.
An estimated 668,000 new homes were sold in 2023.