Federal Housing Finance Agency Director William Pulte issued a letter Tuesday alleging that the New York Attorney General Letitia James “falsified records” to secure a home loan on a property in Virginia as her “principal residence” in 2023, when she was serving as New York’s prosecutor.
Read More Trump Admin Refers N.Y. AG Letitia James For Possible Mortgage Fraud Prosecution
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
Read More US new home sales fall sharply in January
According to a new report, mortgage rates increased this week, going above 7% ━ adding more pressure to the housing market.
Read More Report: Mortgage Rates Surpass 7% For First Time Since May
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Read More US existing home sales rebound in October
U.S. existing home sales fell more than expected in June as the median house price set another record high.
Read More Record house prices depress US home sales in June
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Read More US new home sales slump to six-month low in May