admin 
Sales of newly built homes dropped to their slowest pace since January, hitting 607,000 units in July as mortgage rates hovering near 7% kept buyers on the sidelines despite builders slashing prices to five-year lows.
Seven federal agencies rescinded Biden-era guidance encouraging lenders to offer special purpose credit programs, citing conflicts with fair lending law and Supreme Court precedent on race-conscious policies.
The City of Akron’s new down payment assistance program offers up to $7,500 to help low- and moderate-income first-time buyers cover down payments and closing costs, with 33 households expected to benefit in the first year.
Seven federal agencies rescinded 2022 guidance that encouraged lenders to offer special purpose credit programs, saying the Biden-era policy conflicts with fair lending law and Supreme Court precedent.
San Francisco’s median home price hit $1.7 million in mid-2026, driven by AI industry wealth, while Oakland’s home values dropped 4.6% year-over-year to $722,000, creating the widest price gap between the two cities in decades.
The Consumer Financial Protection Bureau announced August 14 it will no longer publish written consumer complaint narratives in its public database, citing concerns about one-sided information while critics warn the move shields financial companies from accountability.
The 30-year fixed mortgage rate dipped to 6.67% last week and continues trending lower today, offering the first sustained decline in weeks after rates climbed through July and early August.
A new national survey reveals 44% of homeowners say their insurance premiums now approach their monthly mortgage payment, with nearly 40% experiencing premium spikes of more than 20% at a single renewal.
The median home price in Ashe County, North Carolina fell to $375,000 in July 2026, down 24.2% from June, even as the number of closed sales jumped more than 30%.
While U.S. existing-home sales fell 1.7% in July to their lowest pace since June, Little Rock’s housing market is showing resilience with steady transaction volume and prices near the state median.