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"This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable."
"This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable."
 
President Joe Biden claimed during a speech at the Democratic National Convention on Monday night that the Biden-Harris administration has overseen a booming economy and low inflation, but the data show that the U.S. economy and inflation are worse now than they were during the Trump administration.
President Joe Biden claimed during a speech at the Democratic National Convention on Monday night that the Biden-Harris administration has overseen a booming economy and low inflation, but the data show that the U.S. economy and inflation are worse now than they were during the Trump administration.
 
North Carolina U.S. Sens. Ted Budd and Thom Tillis are among a group of 15 Republican Senators who recently introduced legislation that would repeal changes the Biden Administration made that could negatively impact some home buyers.
North Carolina U.S. Sens. Ted Budd and Thom Tillis are among a group of 15 Republican Senators who recently introduced legislation that would repeal changes the Biden Administration made that could negatively impact some home buyers.
 
David Stevens, a senior housing official under former President Barack Obama, condemned a proposal from President Joe Biden that will effectively penalize financially stable homebuyers to subsidize those with higher risk.
David Stevens, a senior housing official under former President Barack Obama, condemned a proposal from President Joe Biden that will effectively penalize financially stable homebuyers to subsidize those with higher risk.
 
American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
American households currently have nearly $17.1 trillion in consumer debt, with balances standing $2.9 trillion higher than before the lockdown-induced recession, according to data released on Monday from the Federal Reserve Bank of New York.
 
Democratic and Republican members of the Senate Banking Committee drew attention on Thursday to the effect of low housing supply on prices.
Democratic and Republican members of the Senate Banking Committee drew attention on Thursday to the effect of low housing supply on prices.
 
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
 
Wells Fargo announced a pivot toward offering home ownership services for minority applicants even as the firm pulls away from the mortgage correspondent and servicing businesses.
Wells Fargo announced a pivot toward offering home ownership services for minority applicants even as the firm pulls away from the mortgage correspondent and servicing businesses.
 
Homebuyers in the United States must earn six-figure salaries in order to afford a median-priced home, according to an analysis from real estate brokerage Redfin.
Homebuyers in the United States must earn six-figure salaries in order to afford a median-priced home, according to an analysis from real estate brokerage Redfin.
 
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
 
Eleven major metropolitan areas in the United States saw median rental rates decline last month, according to an analysis from real estate brokerage Redfin, as economic headwinds and inflationary pressures discourage renters from moving.
Eleven major metropolitan areas in the United States saw median rental rates decline last month, according to an analysis from real estate brokerage Redfin, as economic headwinds and inflationary pressures discourage renters from moving.
 
Home prices are falling at a record pace, according to data from S&P Global released Tuesday.
Home prices are falling at a record pace, according to data from S&P Global released Tuesday.
 
Amazon founder Jeff Bezos warned on Tuesday that the economy is headed for choppy waters.
Amazon founder Jeff Bezos warned on Tuesday that the economy is headed for choppy waters.
 
Markets are worried that Swiss investment bank Credit Suisse is poised for bankruptcy.
 
Rental costs are continuing to rise across the United States, with some large cities posting decreases in median one-bedroom rent.
Rental costs are continuing to rise across the United States, with some large cities posting decreases in median one-bedroom rent.
 
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
 
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
 
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
Federal Reserve Vice Chair Lael Brainard said on Monday that the central bank increasing federal funds rate targets will have dramatic effects on economic activity.
 
With Election Day fast approaching, Republicans are busy telling voters what they plan to do if they win in November.
With Election Day fast approaching, Republicans are busy telling voters what they plan to do if they win in November.
 
Mortgage rates are approaching 7% as the housing market continues to experience turmoil.
Mortgage rates are approaching 7% as the housing market continues to experience turmoil.
 
Federal Reserve Chair Jerome Powell vowed on Friday that the central bank remains committed to returning the economy to a stable rate of inflation.
Federal Reserve Chair Jerome Powell vowed on Friday that the central bank remains committed to returning the economy to a stable rate of inflation.
 
Home prices are beginning to fall in many American cities after nearly two years of increases, according to a report from real estate brokerage Redfin.
Home prices are beginning to fall in many American cities after nearly two years of increases, according to a report from real estate brokerage Redfin.
 
Confidence among home builders fell for the eighth consecutive month, indicating that the United States has entered a housing recession, according to a Monday release from the National Association of Home Builders.
Confidence among home builders fell for the eighth consecutive month, indicating that the United States has entered a housing recession, according to a Monday release from the National Association of Home Builders.
 
The housing market is expected to cool as demand moderates, according to a Wednesday report from government-backed mortgage enterprise Freddie Mac.
The housing market is expected to cool as demand moderates, according to a Wednesday report from government-backed mortgage enterprise Freddie Mac.
 
Government efforts to make things “affordable” instead typically make things worse
Government efforts to make things “affordable” instead typically make things worse
 
Not much new law, just a caution to school administrators
Not much new law, just a caution to school administrators
 
Youth Awardees are selected for their leadership in the classroom and community and will receive grants for their education, or to fund an idea or community project
Youth Awardees are selected for their leadership in the classroom and community and will receive grants for their education, or to fund an idea or community project
 
Saturday, August 8, President Trump took action to support American families and is urging Congress to continue his efforts to provide resources to those impacted by the coronavirus pandemic.
Saturday, August 8, President Trump took action to support American families and is urging Congress to continue his efforts to provide resources to those impacted by the coronavirus pandemic.
 
Remarks by President Trump at the National Association of REALTORS Legislative Meetings and Trade Expo
 
Senators Thom Tillis (R-NC) and Elizabeth Warren (D-MA) both members of the Senate Banking Committee with jurisdiction over Fannie Mae and Freddie Mac, recently introduced the Respect the Caps Act.
Senators Thom Tillis (R-NC) and Elizabeth Warren (D-MA) both members of the Senate Banking Committee with jurisdiction over Fannie Mae and Freddie Mac, recently introduced the Respect the Caps Act.
 
We're lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream - the dream of a great job, a safe home, and a better life for their children.
We're lifting up forgotten communities, creating exciting new opportunities, and helping every American find their path to the American Dream - the dream of a great job, a safe home, and a better life for their children.
 
Health policy experts disagree whether significant free-market reforms can supplant Obamacare despite the program's rocky decline
Health policy experts disagree whether significant free-market reforms can supplant Obamacare despite the program's rocky decline
 
Sometimes, we find ourselves debating whether Barry Obama is simply incompetent or willfully driving our economy into the toilet.
Sometimes, we find ourselves debating whether Barry Obama is simply incompetent or willfully driving our economy into the toilet.
 
Barry Obama is trying to appoint the most leftist member of North Carolina’s congressional delegation to a key administration post. And North Carolina’s only Republican senator is trying to help make that happen.
Barry Obama is trying to appoint the most leftist member of North Carolina’s congressional delegation to a key administration post. And North Carolina’s only Republican senator is trying to help make that happen.
 
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