Key insight: The Trump administration’s budget proposes a $204.5 million cut to the Treasury Department’s Community Development Financial Institution Fund, and would redirect remaining awards to rural areas. What’s at stake: The proposal reflects months of conflict between the Office and Management and Budget and Treasury over the fund’s future, with OMB withholding congressionally appropriated […]
Trump budget includes cuts to CDFI Fund Read More »
Improved affordability and increased inventory helped the spring homebuying season get off to a strong start, but the recent rise in mortgage rates has pushed some buyers out of the market, according to ICE Mortgage Technology’s latest mortgage monitor report. Processing Content “Mortgage rates bottomed near 5.95% early this year, pushing affordability to its best
Spring’s hot housing market just ran into a problem Read More »
When your house sits on the market longer than expected, it can get frustrating fast. You start asking: what now? And for a growing number of homeowners, that turns into: should I just rent it instead? While it sounds like a simple backup plan, becoming “accidental landlord” is actually a much bigger decision than most
Your House Hasn’t Sold Yet. Should You Rent It Out Instead? Read More »