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Fiscal Cliff Avoided: What It Means for Housing and Home Builders The fiscal cliff, an economically damaging set of tax hikes and spending reductions scheduled to begin in 2013, has been avoided (for now) and that is good news for housing in the short-run. Read More...
HUD Cuts Red Tape to Help Displaced Storm Victims To expand housing options for families displaced by Hurricane Sandy, the U.S. Department of Housing and Urban Development (HUD) announced that it is giving public housing agencies greater flexibility in Read More...
Mortgage Rates Hold Steady as Markets Speculate Further Stimulus Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates holding steady from the previous week and remaining near their Read More...
The Senate has reached a compromise on extending and expanding the $8,000 tax credit for first-time home buyers, a boost the housing industry believes will help it pull out of its two-year-old downturn. While its passage remains uncertain, the agreement Read More...