FHFA collaborates with Fannie, Freddie to launch resource for non-English proficient borrowers The process of applying for a home loan can be confusing and tedious, especially for those who may not call English their first language. To combat these…
HUD awards $47 million grant to housing counseling agencies The U.S. Department of Housing and Urban Development announced Wednesday that it has awarded $47 million in housing counseling grants. The agency said the funds will be used to help approximately…
Freddie Mac: Mortgage rates reach 7-year high After weeks of climbing, mortgage rates have now risen to their highest level in seven years, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said rates are now at…
Trulia: Home price cuts reach 4-year high There was a significant increase in the share of homes that experienced a price cut in August 2018, according the latest data collected from Trulia. According to the report, in august 17.2% of U.S. listings…