The plans also include expanding low-cost financing and reducing federal regulations to help construction efforts. WASHINGTON – The Biden administration on Tuesday unveiled a series of new reforms and a list of other federal actions aimed at driving up housing construction in the United States to build on already-historic levels new housing driven by a … Read more
Jacksonville, Orlando and Tampa are among the top rental markets in the state offering concessions. The U.S. rental vacancy rate held steady at 6.6%. SEATTLE – More property managers offered concessions on their rentals in July as rent growth slowed, new data from Zillow reveals. The post-pandemic construction frenzy continues to help soften rent growth. … Read more
Buyers may hear they need a 20% down payment to buy a home, but that’s not set in stone. Many mortgages require as little as 3% or 3.5% and some have no minimums. SOUIX CITY, Iowa – You might have heard you’ll need a 20% down payment to buy a home. While there’s a reason … Read more
As mortgage rates retreat from 23-year highs, home loan applications rose 16% last week, the highest level in two years. Refinancings were up 60% vs. a year ago. LOS ANGELES (AP) – A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments. The Mortgage Bankers … Read more
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