In recent weeks, the federal workforce has faced significant upheaval, with tens of thousands of government employees losing their jobs as part of the Trump administration’s aggressive budget-cutting measures. While the masses of discontent are palpable in various sectors, the Federal Housing Administration (FHA) appears to be one of the next agencies on the chopping
Real Estate
In the midst of market chaos stemming from political uncertainties and economic policy shifts, investors are often bombarded by an overwhelming amount of conflicting information. These “noise” levels can discourage many from seeking alternative avenues for growth. However, savvy investors—especially those inclined toward a center-right viewpoint—ought to focus on the foundational strengths of the economy
In recent weeks, the mortgage landscape witnessed a fairly unprecedented turnaround. The Mortgage Bankers Association reported an impressive 20.4% surge in mortgage application volume, marking the highest jump in recent memory. This sudden frenzy was primarily sparked by a substantial decline in interest rates, which fell drastically from 6.88% to 6.73% for 30-year fixed loans.
Current U.S. economic policy is an intricate ballet, one that balances protectionism with the realities of free-market economics. Yet, amidst this dance, American homebuilders find themselves grappling with a storm stirred by significant tariffs imposed on imported building materials. President Donald Trump’s administration has escalated tariffs on imports from China, Canada, and Mexico, driving up
Nestled in the heart of Kansas, the small town of Neodesha is a microcosm of the struggles faced by many rural American communities. With a population hovering around 2,100, its historical significance is tied to the oil boom, marked notably by the impressive 65-foot oil drilling tower that stands as a testament to the town’s
As we entered the new year, January’s residential real estate market highlighted a concerning trend for potential homebuyers and sellers alike. The confluence of soaring mortgage rates and inflated home prices has significantly stifled home sales. For the first time since 2001, pending home sales—a critical barometer indicating the number of signed contracts for existing
Last week marked a significant turn in the mortgage landscape, with interest rates falling to their lowest levels in two months. However, despite this favorable shift, there has been a surprising lack of enthusiasm from potential borrowers, as indicated by data from the Mortgage Bankers Association (MBA). The total mortgage application volume witnessed a decline
The rental market has undergone a dramatic transformation in recent years, driven largely by economic shifts and changing demographics. With the ongoing increase in rental prices for both single-family and multi-family units, potential renters are now faced with more complex decisions about which type of rental property to pursue. This article explores the prevailing trends
In the ever-fluctuating landscape of real estate financing, recent reports signify a slight decline in mortgage rates, yet this has paradoxically coincided with a reduction in demand for mortgage applications. According to the latest figures from the Mortgage Bankers Association (MBA), mortgage application volume experienced a noteworthy drop of 6.6% last week. This decline highlights
The American mortgage system relies significantly on the functionalities provided by Fannie Mae and Freddie Mac, two entities that have long served as critical components in the home finance ecosystem. Since their conservatorship began in 2008, following the financial implosion that shocked the world, these government-sponsored enterprises (GSEs) have been under federal control. As discussions