HUD secretary nominee Scott Turner to have Senate confirmation hearing next week

The U.S. Senate Committee on Banking, Housing and Urban Affairs announced that it will hold a confirmation hearing on Thursday, Jan. 16, for Scott Turner to lead the U.S. Department of Housing and Urban Development (HUD).Scott TurnerTurner was one of a flurry of cabinet-level and other leadership no

Senior-held home equity falls slightly in Q3 2024

A reduction of 0.3% in home values and a slight increase in senior-held mortgage debt have led to the total amount of senior-held home equity dropping from its all-time high.This is according to the latest edition of the Reverse Mortgage Market Index (RMMI), a quarterly report compiled by the Nation

Bergen County housing market flatlines on minuscule inventory

It’s no secret that stubbornly high mortgage rates and sinking inventory levels are stunting housing markets across the country, particularly in places where high home prices are already squeezing would-be buyers.But Bergen County, New Jersey, is taking it to another level. Inventory and new listing