Articles from November 2016



HUD Secretary Castro Announces Public Housing to be Smoke-Free

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Juli├ín Castro today announced that public housing developments in the U.S. will now be required to provide a smoke-free environment for their residents…. HUD Press Releases

Mortgage Rates Continue Fighting to Build a Ceiling

Mortgage rates stayed mostly steady today, on average. For the record, that means some lenders were in slightly better shape versus yesterday’s latest levels while others were in worse shape. This is always the case on days where rates remain unchanged on average, but the discrepancies can be larger than normal at the moment due […]

Mortgage Rates Fall at Fastest Pace Since Brexit

WARNING: this article’s headline makes the overall mortgage rate situation sound much better than it actually is . While it is indeed a fact that today’s rates are lower than the previous business day’s rates by the widest margin since Brexit, caveats abound. First off, the Brexit move was more than twice as big. Today’s […]

Mortgage Rates Little-Changed as Markets Close Early

Mortgage rates were unchanged-to-slightly-higher today, depending on the lender. Most lenders put out rate sheets in fairly conservative territory on Wednesday for the express purpose of not needing to mess with them too much today. With the Friday after Thanksgiving being an early close for bond markets, lenders tend to check in once in the […]

HUD Approves Fair Housing Agreement with Orange County Landlords Resolving Housing Discrimination Complaints

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced today a Voluntary Compliance/Conciliation Agreement with the owners of an Orange County, California property and their management company, G and K Management, resolving allegations that they violated the Fair Housing Act by denying the reasonable accommodation requests of two women with disabilities…. […]

Mortgage Rates Quickly Approach 2-Year Highs

Mortgage rates move abruptly higher today, bringing the average lender very close to the highest levels in more than 2 years. As it stands, rates are officially at 17-month highs, with June 26th, 2015 being the last day where rates were any higher. Prior to that, we’d have to go back to September 2014 to […]

Homelessness in the U.S. Continues to Decline

WASHINGTON – Homelessness continues to decline in the U.S, specifically among families with children, Veterans, and individuals with long-term disabling conditions according to the latest national estimate by the U.S. Department of Housing and Urban Development (HUD)…. HUD Press Releases

Mortgage Rates Hold Steady at 17-Month Highs

Mortgage rates called in sick today, effectively doing nothing to move higher or lower from last Friday, on average. For the record, that means some lenders will have improved just slightly while others are in slightly worse shape. In all cases, the movement is relatively small. Average rates remain at the highest levels since July […]

Renters More Likely to be Food Insecure than Homeowners

WASHINGTON – About 10.5 million American households, or roughly 8.9 percent, reported that in the past month their access to adequate food was limited by a lack of money and other resources, according to new 2015 American Housing Survey data released today by the U.S. Department of Housing and Urban Development (HUD) and the U.S. […]

HUD and Census Bureau Announce New Residential Construction Activity in October

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for October 2016…. HUD Press Releases north carolina payday loans