Trump pushes for lower rates and ban on investor home purchases in bid to make homes more affordable
Read full article: Trump pushes for lower rates and ban on investor home purchases in bid to make homes more affordablePresident Donald Trump’s plans for bringing homeownership within reach of more Americans involve pushing for lower interest rates on home loans and credit cards, and banning large institutional investors from buying single-family homes.
Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage rates
Read full article: Trump says he wants government to buy $200B in mortgage bonds in a push to bring down mortgage ratesPresident Donald Trump says he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.
Americans staying put: US home turnover rate at lowest level in decades as housing slump drags on
Read full article: Americans staying put: US home turnover rate at lowest level in decades as housing slump drags onThe number of U.S. homes that typically changes hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
Read full article: Mortgage rates have declined but could stay at a level that makes it tough to afford a homeMortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial flexibility just as the spring homebuying season gets going.
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In a sizzling US market, demand and prices for homes soar
Read full article: In a sizzling US market, demand and prices for homes soarAmerica’s housing market has grown so overheated as demand outpaces supply that prices keep hitting record highs — and roughly half of all U.S. houses are now selling above their list price.