The spring home-selling season is off to a strong start when judged against last year, with a double-digit sales increase this March and growing builder optimism offering the latest signs that the housing market is moving past a sluggish stretch. (Subscription may be required.)
The Federal Reserve is preparing to raise its benchmark interest rate for the first time since 2006. Yet the gradually healing housing industry — one of the biggest beneficiaries of rock-bottom borrowing costs in this economic recovery — isn’t panicking.
Federal Housing Finance Agency Director Mel Watt just made one of the biggest policy decisions of his 14-month tenure — but so far it has hardly caused a ripple on Capitol Hill. (Subscription may be required.)
Consumers may see little change in the ultimate cost of Fannie Mae or Freddie Mac loans despite a restructuring of certain loan fees announced Friday by the Federal Housing Finance Agency. (Subscription may be required.)
At the beginning of the month, U.S. Senator Charles Grassley (R., Iowa) sent the U.S. Treasury Department a letter asking a simple question that has been on the lips of shareholders of Fannie Mae and Freddie Mac for years.
In recent years, housing inventory in the Washington region has been tight, partly because a sizable number of owners who were ready to move up to a larger home or downsize to a smaller one closer to the city opted to stay put.
Expanded mortgage lending in low-income neighborhoods before the foreclosure crisis was helped along by fraud — namely, the overstating of borrower income on loan applications, according to new academic research.
Distributed to NAHB Members and Executive Officers
As a member of your local home builders association you also benefit from NAHB resources. We help each member make the most of their dues investment and connect with the products and services they value most.
NAHB Member Advantage is an easy way to reduce expenses, maximize profits and increase efficiency. Through agreements with leading national companies, NAHB offers exclusive discounts on a variety of products and services that can benefit your business, employees and family.
Make sure to take advantage of these and other great programs that can save you and your business money:
AXA Equitable: plans that can help business owners and their employees prepare for retirement.
2-10 Home Buyers Warranty: exclusive discounts on the Builder Backed Service Program and the systems and appliances Service Agreement.