Biden’s economic adviser addresses administration’s housing priorities

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market.This is acc
Read MoreMortgage market consolidates around largest nonbank firms: Fitch

The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday.Fitch expects additional consolidation in the industry as
Read MoreDividing a house in divorce can be costly and emotional

If a couple decides to dissolve their marriage, something that is often described as a “third character” in the proceedings is the couples’ home. Finding a way to divide a home can be financially and emotionally fraught. And it often takes on more significance than other items due to the home typica
Read MoreMortgage rates cool off ahead of inflation reading

In anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week.HousingWire’s Mortgage Rate Center showed the average 30-year fixed rate for conventional loans at 7.08% on Tuesday, down from 7.17% one week earlier. At the same time one year ago, the 30-year fixed rate aver
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