The GSEs increased affordable housing outreach by $180 million last year.
FHA
Program will not reduce consumer costs like Biden administration claims, say trade groups
VA loans are also unpopular for incorrectly skeptical agents
Limited staffing at HUD and USDA may cause delays in FHA, VA, and reverse mortgages, impacting home buyers and the broader housing market.
Can now extend the term from 360 months to 480 months.
31.4% of U.S. home purchases were paid with all cash in July.
Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.
Proposed rule change sees opposition due to unclear effect on lenders
New FHA limits and down-payment assistance help borrowers get into homes
In September, demand for second homes was 60% higher than it was before the coronavirus pandemic.