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Federal Housing Administration Proposes Innovative Approach to Keep Struggling Homeowners in their Homes

2023-06-05T13:40:10-04:00

In consideration of steeply increased interest rates, FHA seeks input on new approach to help its borrowers

WASHINGTON – The Federal Housing Administration (FHA) posted for feedback a proposal for a new home retention option to help struggling homeowners meet

Federal Housing Administration Proposes Innovative Approach to Keep Struggling Homeowners in their Homes2023-06-05T13:40:10-04:00

Mortgage bond prices finished the week sharply higher which put downward pressure on rates.

2023-06-05T11:51:35-04:00

Rates improved most of the week amid debt ceiling negotiations and the ultimate passage of a bill that addressed the issue. Treasury Secretary Yellen had warned the country would run out of funds by June 5th. The data was mixed.

Mortgage bond prices finished the week sharply higher which put downward pressure on rates.2023-06-05T11:51:35-04:00

More than 4 in 5 adults support building more homes in their neighborhood to boost housing affordability

2023-05-31T12:38:22-04:00
  • Support is growing among both homeowners and renters for “modest densification” or “missing middle” housing.
  • New housing types, including medium to large apartment buildings, gain majority support if built near transit and amenities.
  • 70% of respondents believe new
More than 4 in 5 adults support building more homes in their neighborhood to boost housing affordability2023-05-31T12:38:22-04:00
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