The availability of conventional loans drove most of the increase, up 2.1% over the month. Availability of government-backed loans – inclusive Federal Housing Administration (FHA), The U.S. Department of Veterans Affairs (VA) and US Department of Agriculture (USDA) programs – increased 0.1%. Within the conventional category, jumbo loan availability increased 2.9%, while conforming loan availability […]
The U.S. Department of Agriculture posted a notice on its website stating that federal food assistance will not be delivered on November 1, raising the stakes for families across the country as the government shutdown continues. The new message comes after the Trump administration said it will not tap about $5 billion in emergency funds […]
Industry leaders warn that unless the congress acts quickly to restore NFIP, buyers and sellers in flood -sensitive areas can have with canceled closures, higher costs of the money insurance or in some cases the loss of financing total. “Real estate transactions are especially vulnerable during a government closure and the stability of NFIP is […]