Home Affordability
Foreclosure starts are up locally, Dallas-Ft. Worth market continues to significantly outperform all other cities in the state when it comes to home sales, and several local cities and towns are among the top places in Texas to live. We take a look at all of that and more in this week’s roundup of real…
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On Friday afternoon, just hours after swearing in, President Donald Trump suspended a Federal Housing Authority (FHA) mortgage premium rate cut issued by former President Barack Obama earlier in the month. The quarter-point cut would have taken effect on January 27. An FHA loan, with its low down payment and less stringent credit score requirements,…
Read MoreThis is one of those little technical nuggets that illustrates how Washington is stealthily destroying the housing market. The feds are scratching their heads, trying to come up with a way to keep banks from jacking around with mortgages and selling bad loans off in tranches as securities, and that’s a good thing. One of…
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