Newly Built Homes Can Flood Just as Easily as Old Ones, If You’re Not Careful
A new-construction home isn’t immune to flood damage. Just ask Gloria Odunsi, a first-time homeowner from Abilene, TX. Only seven weeks after moving into her new build, it has already flooded twice. “I’m so traumatized. I don’t know. I’m devastated. It’s a brand-new house. What is going on? All my
Mortgage Rates Fall to 6.47% After Tentative Iran Peace Deal—Giving Buyers More Breathing Room and Freedom
Mortgage rates retreated Thursday after President Donald Trump signed a preliminary accord with Iran, laying the groundwork for a more permanent peace deal—and promising greater economic stability just in time for the summer. The average rate on 30-year fixed home loans fell to 6.47% for the week en
There’s a Major Information Gap in Housing, and This Tech Founder Aims To Fix It
With more eyes on manufactured housing as a solution to the nation's deepening housing crisis, one expert says bringing more information to the field could clear the bottleneck holding the business back. The manufactured home stigma "needs to catch up" with reality, says Greyson Gibson, CEO and co-f
How the New Housing Bill Could Make It Easier To Get a Mortgage
The landmark housing bill winding its way through Congress could change the banking system and make it easier for small banks to return to mortgage lending. The House and Senate announced a compromise for the 21st Century Road to Housing Act this week, just days before the average rate on 30-year fi
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