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Fannie Mae and Freddie Mac Face Privatization Under New Leadership
Fannie Mae and Freddie Mac are key players in the American housing market, making buying a house more predictable for homeowners and attractive for those investing in home loans. Basically, they help keep th...
Why Owning a Home Feels Like a Dream Out of Reach for Younger Americans
Many people in the United States who don’t own homes are losing hope that they’ll ever be able to afford one. A survey from Northwestern Mutual, a life insurance company, found that over hal...
Plans to Make Affordable Homes Energy-Efficient Put on Hold by Federal Agency
Earlier in the year, two apartment buildings in Chicago, home mostly to elderly people with lower incomes, were about to get a significant makeover to save energy. The idea was to use a m...
Home Buying Budget: Key Factors to Consider
When you're thinking about buying a house, figuring out how much you can spend is a crucial first step. There are several things that shape your budget, such as: The size of the loan you can get and the interest ra...
Tucson's Old Motel Transforms into Affordable Homes
In Tucson, Arizona, something exciting is happening. The city is getting ready to start on a great project called Amazon Flats. This project will change the old Amazon Motel into 30 homes that people with less money can...
Essential Guide to Home Loans for First-Time Buyers in 2025
Buying your first home is a big step, and figuring out how to pay for it can be stressful. But there are special loans designed to make it easier for first-timers. These loans often require less money up f...
Good News for Homeowners Struggling with Mortgage Payments
The U.S. Department of Housing and Urban Development (HUD) has good news for homeowners who are finding it hard to keep up with their mortgage payments. Through its Federal Housing Administration (FHA), HUD...
$16 Billion Neighborhood Homes Investment Act Aims to Boost Affordable Homeownership
The Neighborhood Homes Investment Act (NHIA) is a new law proposal designed to make buying a home more affordable. If passed, it will provide $16 billion to build or fix up about 400,000 ho...
Is a New $15,000 Tax Credit for First-Time Home Buyers on the Way in 2025?
Owning a home might soon be more achievable for many Americans. There's exciting news about a proposed $15,000 tax credit that aims to help first-time home buyers. Although this tax cred...
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