As the midterm elections approach, Treasury Secretary Scott Bessent reveals the Trump administration's consideration of declaring a national housing emergency to address pressing voter issues.
The Fed's latest meeting minutes highlight growing concerns over the housing market's decline, signaling potential risks to the economy and jobs. With rising borrowing costs and stagnant sales, could a crash be imminent?
The housing market may be slowly improving as existing home sales rose 2% in July, with the highest inventory in five years. While prices are softening, many potential buyers still face affordability challenges. Find out what's changing in the market!
In July 2025, existing-home sales rose by 2.0%, marking a positive shift in the real estate market. With improved affordability and increased inventory, homebuyers find themselves in a favorable position to negotiate better deals.
This week, U.S. mortgage rates fell to their lowest in nearly 10 months, potentially revitalizing the stagnant housing market. With the average 30-year mortgage down to 6.58%, homebuyers might finally have the purchasing power they need.
In a bold move, President Trump suggested merging Fannie Mae and Freddie Mac into a new entity, 'MAGA', which could be publicly traded. This proposal comes as the government plans to sell its stakes in these vital mortgage giants, potentially generating billions.
The Trump administration is reportedly planning an IPO for the Great American Mortgage Corporation, aiming to raise $30 billion. Analysts express skepticism about the timeline and execution, emphasizing the need for government support to maintain mortgage rates.
The Trump administration is set to potentially sell shares of Fannie Mae and Freddie Mac, aiming to raise around $30 billion and valuing these mortgage giants at $500 billion. What does this mean for your mortgage rates?
Joel and Kathryn Friedman are among many homeowners delaying sales due to hefty capital gains taxes. With potential bipartisan efforts to eliminate this tax, will more retirees be able to downsize?
Despite an ongoing housing market slump, home prices reached an all-time high of $435,300 in June. Discover the surprising dynamics affecting buyers and sellers in today's market.
