The U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified to bar the practice of premium pricing, and it will only allow interested party contributions (IPCs) on H4P closing costs
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Even as the median U.S. home sale price remains near record highs and supply stays constrained in many locales, two of the most populous states that have seen a surge in demand since the start of the COVID-19 pandemic are showing signs of a pullback. That’s according to a pair
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Homebuyer affordability declined in March as mortgage rates and home prices remained elevated. The national median monthly payment for purchase mortgage applicants rose to $2,201 in March, up from $2,184 in February. That’s according to the Mortgage Bankers Association‘s (MBA) purchase applications payment index, which measures how new monthly mortgage
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The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Agriculture (USDA) have settled on new energy-efficiency standards for the construction of new single-family and multifamily homes. This fulfills a requirement laid out in a 2007 law that directs the departments to adopt the most recently
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In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 percentage-point decrease from February 2023. The rate remained unchanged from January 2024, according to the latest CoreLogic Loan Performance Insights report. The data provider examined all stages of delinquencies to gain a complete view
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HomeServices of America, the last remaining brokerage defendant in the landmark Sitzer/Burnett antitrust commission case, has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation across America. The New York Times first reported news of the settlement. The deal comes just days after the
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Northern Virginia represented 30.1 percent of total home sales across the commonwealth during the first three months of the year, down slightly …
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Terrace has claimed the top spot for the average selling price of a residential detached home in northern and central B.C. for the first quarter of …
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In the city proper, home sales slipped 18.9% year over year with 1,790 sales while 4,216 homes were for sale, total 16.4%. Meanwhile, the median city …
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Pending home sales jumped in March, with transaction volumes in every region except for the Midwest seeing an increase.
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Here are the top 10 single-family residential real estate sales in Northeast Florida, comprising Baker, Clay, Duval, Nassau and St. Johns counties …
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Northeast Florida Builders Association statistics show median single-family home prices have increased 6.6% since March 2023. Real Estate. Share.
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