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• Why foreclosures are still below pre-pandemic levels May. 13th 2025
  Foreclosure data showed little stress for many years prior to the onset of COVID-19 and it has continued to perform well since then.

• HUD announces $1.1B in funding for affordable housing in Tribal lands May. 13th 2025
  HUD announced more than $1 billion in IHBG funding for Tribes and Tribal communities, reaching across dozens of states.

• Which state has the highest share of all-cash homebuyers? It might surprise you May. 13th 2025
  West Virginia had the highest share of cash home purchases at 41.4%, followed by New York (40.4%) and Delaware (38.9%).

• HUD blames Biden for lapse of emergency housing voucher funding May. 13th 2025
  Communities nationwide are aiming to find a path forward since EHVs are expected to lapse in 2026. HUD blames the Biden administration.

• HUD secretary defends repeal of fair housing rule May. 12th 2025
  The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.

• House bill calls for bigger SALT tax breaks May. 12th 2025
  The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.

• More homesellers and home sales in May May. 12th 2025
  The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.

• Homebuyers turn to aging properties as construction lags May. 12th 2025
  Only 9% of homes in the U.S. were built in the 2010s, the lowest share for any decade since the 1940s, when World War II stifled production.

• What happens to mortgage rates with more trade deals? May. 12th 2025
  Generally, it’s a great thing for the country not to go into a recession, but a strong economy is bad for rates.

• Mortgage demand still staying firm with elevated rates May. 10th 2025
  As the spring home-buying season winds down, the demand for mortgages is holding steady, even with the higher rates.