Ally Home, the residential mortgage lending arm of Ally Bank, is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses

In Tuesday’s report, the 5-unit housing permits data hit the same levels we saw in the COVID-19 recession. Once the backlog of apartments is finished, those jobs will be at risk, which traditionally means mortgage rates would fall soon after, as they have in previous economic cycles.However, this is

As the final defendant left in the Sitzer/Burnett commission lawsuit, it appears that HomeServices of America may be left holding the bag for the vast majority of the damages in the case. On Monday, the plaintiffs filed a motion for entry of judgment in a Kansas City district court. In their motion,

As President Joe Biden prepared to give a speech on his administration’s housing priorities in Las Vegas on Tuesday, some members of the Arizona Legislature and housing advocates in the state were stunned by the decision of Democratic Gov. Katie Hobbs to veto a bipartisan bill that seeks to address