Home improvement activity kicked into high gear in the third quarter of the year and is expected to continue to show strong gains well into 2014, according to a leading indicator from Harvard University.
Housing and mortgage industry trade groups are banding together to press the Federal Housing Finance Agency (FHFA) to hold off on its plans to reduce the size of mortgages that can be approved by Fannie Mae and Freddie Mac.
The nomination of Janet Yellen by President Obama to be the new chief of the Federal Reserve is widely seen as a move that increases the likelihood that mortgage rates will remain low for the immediate future.
The FHA and VA are still processing mortgages, but an inability to get critical information from other federal agencies could throw a wrench into mortgage applications across the board during the government shutdown.
Older Americans have the AARP to advocate on their behalf.Now, a group of housing industry veterans has launched a similar organization with the stated goal of looking out for the interests of homeowners.