The Federal Housing Finance Agency (FHFA) this week announced a new final rule establishing affordable housing goals for the loan purchases of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from 2025 through 2027. The goals, originally proposed in August, are largely unchanged from the initial draft. They are designed to “support equitable housing access…
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New Hampshire’s hot housing market has spiraled the Granite State into crisis mode. The state’s business-friendly regulations and tax policies have led to rapid population growth in recent years, including an estimated 16,000-person inflow from 2020 to 2022 alone. But as the state’s population has grown, its housing supply — which was already beginning to…
The U.S. is about to face a reckoning when it comes to its 65-and-older population outnumbering children for the first time. But other nations — including Japan — are facing an even steeper ratio of older people to younger counterparts. Since there is already a shortfall in home-care workers, encouraging people to enter the home…
A new bill introduced in the U.S. House of Representatives proposes to relieve Federal Housing Administration (FHA) borrowers of mortgage insurance premiums (MIPs) once they reach a certain level of home equity, aligning FHA policies with those of conventional loans. Introduced by Reps. Gregory W. Meeks (D-N.Y.) and Pete Sessions (R-Texas) on Thursday, the bipartisan…