The Federal Housing Finance Agency announced plans to drastically expand access to mortgages for first-time home buyers and those who have faced financial hardship.
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Lenders are making more commitments to financing multifamily projects, shrugging off any fears in the industry that an oversupply is brewing in the sector.
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Some cities have posted drops of 25 percent or more in listings year-over-year, and home buyers there continue to struggle to find housing options.
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In its list of top 50 markets nationwide, CoreLogic points to the cities that are at risk of being overvalued due to skyrocketing home-price appreciation in the past year.
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The ZIP code of the country’s best place to call home is 20004, according to real estate company Movoto.com.
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The final qualified residential mortgage rule, which was released Tuesday, follows NAR’s longtime advice to not include an onerous down payment requirement.
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