In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. Fast-forward one year, and the rate averaged 7.2%, an expensive difference for many homebuyers (rates have since started to drop).But compare mortgage delinquencies over the same period: 2.8% in Septembe

Housing Forward, the leading organization fighting homelessness in Dallas, appointed Sarah Kahn as interim president and chief executive officer, the nonprofit announced on Tuesday.Kahn starts her new role on Dec. 21. Her appointment comes on the heels of former president and CEO Joli Angel Robinson

In the third quarter of 2023, single-family and multifamily home construction grew in outlying areas instead of urban centers.That’s according to the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI). Released quarterly, the HBGI gauges housing construction growth in

The now defunct First Guaranty Mortgage Corporation (FGMC) and former employees – who sued the mortgage lender in a class-action suit after an abrupt layoff – are seeking a Delaware bankruptcy judge to settle a Worker Adjustment Retraining Notification (WARN) Act lawsuit for $1.75 million.In June 20