Hunter vs Illawarra battle: Greater Bank, IMB Bank cut home loan rates

By: ameer@trustedteam.com

Several lenders cut fixed rates this week including IMB Bank and Greater Bank, the latter revealing a new market leading low.

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Housing inventory growth is starting to stall

By: ameer@trustedteam.com

Housing inventory rose to 860,426 last week, but that growth is starting to stall out as we head into August.

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Tech Pulse: Lawmakers press FHFA on crypto for mortgages

By: ameer@trustedteam.com

Senators urging caution as the FHFA weighs unconverted cryptocurrency in mortgage underwriting is among this week’s top tech stories.

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FHFA set to end equitable housing finance plans for GSEs

By: ameer@trustedteam.com

The agency has a proposed repeal in place, getting ready to be made public on July 28, which would rescind another Biden-era fair housing policy.

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Nova Scotia must double housing starts to restore pre-COVID affordability: report

By: ameer@trustedteam.com

Canada’s national housing agency says the number of annual residential construction starts in Nova Scotia must double for 10 years for the market to reach pre-pandemic affordability levels, a...

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Seniors rarely downsize — here’s why that’s hurting first-time homebuyers

By: ameer@trustedteam.com

Realtor Barry Lebow specializes in helping seniors downsize — moving out of the family homes they’ve lived in for decades to a smaller place that’s a better fit for...

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Brokers expect business boost from federal housing policies

By: ameer@trustedteam.com

FBAA poll shows brokers upbeat on housing reforms

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GSEs could exit conservatorship fast, experts say

By: ameer@trustedteam.com

Given FHFA Director Bill Pulte’s history of making regulatory pronouncements via X, some theorize the release of Fannie Mae and Freddie Mac could occur in the same way.

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Bipartisan bill seeks to boost affordable housing

By: ameer@trustedteam.com

The Community Investment and Prosperity Act would increase the statutory cap for bank investment into community development projects, unlocking “billions in capital” that can be directed to affordable housing.

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Nearly two-thirds of seniors are unhappy with Social Security checks

By: ameer@trustedteam.com

The average monthly Social Security check reached north of $2,000 this year, according to the survey, with just 10% of the 1,920 respondents saying they were satisfied with that...

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