While plans to privatize the mortgage giants are on the back burner, Trump administration may impose limits on how much support the mortgage giants can provide to riskier borrowers.
Category: Markets & Economy
Pasadena ADU program offers second shot at affordable housing
To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent.
New Jersey home sells for $620K over asking price in bidding war
The 2,385-square-foot home, set on 1.1 acres, may not look like a luxury property at first glance, but its soaring sale price tells a different story. The estate, located at 284 Forest Drive South, hit the market on Dec. 13 for $1.1 million and went under contract a short week later.
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds.
Climate change reshapes real estate, putting $1.5T in value at risk
Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases.
How the Trump agenda is (already) impacting housing: The Download
Get caught up on Trump-era housing policies with Marian McPherson’s deep-dive series and the latest news out of D.C.
Potential Trump grants freeze undermines the American dream
The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes.
Fed pauses rate cuts, continues mortgage ‘quantitative tightening’
Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.”
For these ‘stranded’ homeowners, no rate cut will coax them to list
Cheap rates on existing loans are holding well-off homeowners in place. But others insist they’re unable to buy at today’s high prices — whether rates come down or not, Intel survey data suggests.
How Trump’s vow to deport millions of immigrants will impact housing
President-elect Donald Trump promised to begin deporting millions of undocumented immigrants on Inauguration Day. Here’s how his plan could disrupt housing starts and reduce affordability.