Jason Oppenheim talks hot topics
The luxury broker also said a fixed-rate 50-year mortgage would provide 'massive value' to consumers, and expressed exasperation over the volume of industry litigation today
by Lillian Dickerson Nov 19
NAR economist predicts post-shutdown real estate 'boom'
NAR Chief Economist Lawrence Yun said Friday there could be a brief bump in home sales after the government shutdown. Here are the other market forces he's watching
by Taylor Anderson Nov 14
Homebuying off to strongest November start since 2022
Rebounding mortgage rates didn't stop buyers from shopping for deals last week, with requests for purchase loans up 6% last week compared to the week before and 31% from a year ago
by Matt Carter Nov 12
More problems for homebuyer as government shutdown hit 30 days
Fannie and Freddie will want government employees to show they have reserves, and some homeowners are now outside 30-day grace period for National Flood Insurance Program renewals
by Matt Carter Oct 31
US government shutdown impacts to real estate
The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown's 3rd week
by Lillian Dickerson Oct 17
Mortgage rates ebb as Powell hints at end of 'quantitative tightening'
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability
by Matt Carter Oct 15
Don't let buyer clients skip student loan payments during shutdown
The government shutdown has tempted some homebuyers to stop paying their student loans. However, that decision could spell disaster for their buying plans
by Marian McPherson Oct 13
Shutdown slowing FHA, VA approvals; USDA loans are on hold
The FHA's Office of Single Family Housing and some of its mortgage insurance programs are 'operational but with limited services,' HUD said in bulletin to lenders
by Matt Carter Oct 8
How the government shutdown is impacting real estate
Housing data, mortgage rates, federally-backed home loans, flood insurance and the Washington, DC, housing market are all already starting to feel the impacts
Government shutdown could bring mortgage rates down
Investors seeking safety in bonds and mortgage-backed securities can bring rates down. Yields on 10-year Treasurys fell 4 basis points on first day of shutdown
by Matt Carter Oct 1
How a government shutdown would affect real estate agents
The National Flood Insurance Program is set to lapse on Sept. 30, and federal agencies critical to processing mortgage paperwork like HUD, FHA, VA, USDA and the IRS face staff reductions
by Matt Carter Sep 25
National Flood Insurance Program set to expire at midnight March 14
As the March 14 debt ceiling deadline and potential government shutdown looms, Republican Sen. John Kennedy introduces bill to reauthorize the NFIP under its current form until Sept. 30
by Matt Carter Mar 6
Homebuyers and homeowners jump on big drop in mortgage rates
Requests to refinance surged 37% last week and were up 83% from a year ago after the biggest 1-week decline in mortgage rates since November, the MBA's latest weekly lender survey shows
by Matt Carter Mar 5
Democrats weighing government shutdown to protest DOGE cuts
As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to HUD, FHA and Ginnie Mae workforce and programs
by Matt Carter Mar 4
federal flood insurance lapse
The $1.2T funding bill passed by the House Friday averts a partial government shutdown and extends a critical program that protects 4.7M homes through the end of September
by Matt Carter Mar 22