The soon-to-be-released updated FHA handbook will incorporate several recent policy changes and HECM mortgagee letters.
Continue readingUSA Today: Where are home prices headed?
Managing debt in retirement
The Yakima Herald-Republic reports that 31% of Americans 60 and older say they have more debt than they can manage…
Continue readingThe signs that housing prices will drop in your city
MarketWatch spoke with Doug Duncan, senior vice president and chief economist at Fannie Mae in a video interview…
Continue readingBoomers and the refi boom reckoning
With housing inventories already strained half of homeowners with a mortgage in America report they have little or no financial incentive to sell their home…
Continue readingSurvey shows home equity loan intent
Accurate Group surveyed over 1,000 consumers across the nation in the first quarter of 2023 to capture their intentions on how they plan to leverage or tap into their home equity.
Continue readingMBA subsidiary starts reverse mortgage working group
A subsidiary of the Mortgage Bankers Association has started a reverse mortgage working group…
Continue readingThe Problem With Being House Rich
What are the problems with being house-rich? One columnist explains the downside of locked-up home equity…
Continue readingHigh mortgage rates have homeowners staying put
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EPISODE #771
High mortgage rates have homeowners staying put
[Housing Wire] “Elevated mortgage rates are continuing to give homeowners a reason to stay at their current homes, according to the 2023 Borrower Insights Survey conducted by ICE Mortgage Technology…”
Other Stories:
- [Housing Wire ] High mortgage rates have homeowners staying put
- [Reverse Market Insight] The monthly installment of the ‘Market Minute’ with RMI’s Jon McCue
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[Reverse Mortgage Daily] RMD commentary: Industry growth requires a new message
   
FHA issues draft guidance for accessory dwelling units
FHA issues draft guidance for accessory dwelling units…
Continue readingOlder Americans see the biggest property tax spikes in these cities
Recent data from Lending Tree reveals which cities are seeing the largest surge in property tax bills between 2019-2021
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