Mortgage applications decrease, fueled by rise in FHA rates
Mortgage applications decreased 0.8% week over week, even as rates stayed near historic lows, according to data released Wednesday by the Mortgage Bankers Association
by Patrick Kearns Jul 29
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
housing market
Home prices were up 1.7% quarter over quarter and 5.7% year over year in the first quarter of 2020, according to the ​Federal Housing Finance Agency in a new report Tuesday
by Patrick Kearns May 26
Mortgage loans in forbearance surged to 7.91% in last week of April
The total number of mortgage loans in forbearance increased from 7.54% of servicers' portfolio volume. Ginnie Mae held the largest share of loans in forbearance
by Lillian Dickerson May 12
NAR calls on FHA to resist premium increases on borrowers
In a letter to the Federal Housing Administration, NAR President Vince Malta said home sale transactions can buoy economic recovery
by Patrick Kearns Apr 27
How to give first-time buyers the low-down on down payments
Helping millennial homebuyers find the right loans for them
by Steve Cook Feb 25
Pulse: What’s your biggest challenge with financing? Readers sound off
From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing
by Inman Feb 25
7 facts about FHA loans you should know

Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.

by Steve Cook Feb 16
10 things agents can be grateful for in 2019
Regardless of your market, niche or experience, here are a few things we can all be thankful for this Thanksgiving
by Nicole Solari Nov 28
NAR: 'What a wonderful house that you have all built'
National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group's kick-off event for its annual Realtors Conference & Expo Thursday
Feds tweak regulations to lure banks back to FHA loans
The new regulatory approach is meant to reduce the chance that banks will have to pay huge settlements for mishandling FHA loans
by Jim Dalrymple II Oct 30
Trump admin proposes massive overhaul of FHA, Freddie and Fannie
New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration
by Patrick Kearns Sep 6
Federal Housing Administration reveals condo loan approval guidelines
The National Association of Realtors cheered the policy, which is aimed at increasing FHA mortgage eligibility
by Patrick Kearns Aug 15
Feds offer $330M to clean up lead paint
The money will be available to local governments in the form of grants up to $9M
by Jim Dalrymple II Jun 27
Quicken Loans agrees to pay HUD $32.5M
A multiyear legal battle reaches its conclusion, with the lending giant admitting no wrongdoing but making FHA whole on 0.2% of loan moneys
by Patrick Kearns Jun 14