ABA, associations urge FHA to provide clear language about eligibility for VA loan terms
ABA joined five associations in urging the Federal Housing Administration to provide clear language about eligibility for VA loan terms,...
Mortgage
Bank survey finds most middle-income renters view homeownership as out of reach
More than two in five middle-income renters say they earn more than their parents did at the same age but...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.71% this week. The rate for a 15-year fixed-rate mortgage was 6.04%.
House passes short-term funding bill
The House passed legislation to fund the federal government through early December and temporarily extend several programs, including the National...
Mortgage rates inch up
The rate for a 30-year fixed-rate mortgage was 6.66% this week. The rate for a 15-year fixed-rate mortgage was 5.98%.
Growth in home prices increased in June
Home prices increased 1.5% in June compared to the same month a year ago, up from a 1.2% rise the...
ABA DataBank: New home sales decline 10.5% in July
The July reading of new home sales reflects affordability challenges, with mortgage rates reaching 6.66% at the end of July.
Federal agencies rescind guidance on special-purpose credit programs
Federal housing and banking regulators are rescinding 2022 guidance on special-purpose credit programs, saying the document conflicts with fair lending...
Mortgage rates decline
The rate for a 30-year fixed-rate mortgage was 6.65% this week. The rate for a 15-year fixed-rate mortgage was 5.95%.
NAR: Pending home sales dipped in July
Pending home sales in July decreased by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors.
