In recent weeks, President Trump has increasingly focused on “affordability” as a top priority. When it comes to housing, that means addressing homeownership affordability challenges, which are significant by historical standards. According to a recent Report by the National Association of Realtors, “The share of first-time home buyers dropped to a record low of 21%, […]
An action plan for condo affordability Read More »
Title insurers may face more paperwork and larger compliance costs next year as a federal court is leaning toward allowing a new reporting rule to go into effect. Processing Content U.S. Magistrate Judge Samuel J. Horovitz recommended this week to the case’s presiding judge to grant the government’s motion for summary judgment, in a challenge
Court backs tougher reporting rule for title firms Read More »
In a highly expected move, the Federal Reserve cut its federal funds rate on Wednesday, but Chairman Jerome Powell’s comments ultimately may have more influence on whether policy provides a boost for lenders and home buyers. Processing Content The central bank slashed its funds rate by 25 basis points at the close of the Federal
Fed moves won’t move needle on housing — yet Read More »