Loan officers are seeing an uptick in FHA, VA demand

The newest weekly mortgage applications survey data, released Wednesday by the Mortgage Bankers Association (MBA) included the lowest mortgage rates in months, which created a stir in the number of applications.According to the MBA, rates for Federal Housing Administration (FHA) loans dipped to 6.42

Investor home purchases are sinking, and it’s most evident in Florida

Real estate investors bought fewer homes in the fourth quarter of 2024, with purchases falling to the lowest level for any fourth quarter since 2016, according to a new report from Redfin.Investors purchased 47,004 homes during the quarter, marking a 3.9% decline from Q4 2023, the steepest drop in a

Trump grants one-month pause on automobile tariffs, but building material duties remain

President Donald Trump has moved the goalposts on Mexican and Canadian tariffs, but it’s not much solace for the homebuilding industry.The Trump administration announced Wednesday that it’s granting a one-month tariff exemption for automobiles from those two countries. The move came in consultation