HousingWireHousingWire Deep cuts at the Department of Housing and Urban Development (HUD) are likely to increase the cost of homes, upend housing markets and complicate mortgage transactions, current and former agency staffers told the Washington Post. HUD’s workforce is expected to be cut in half — from about 8,300 employees…
Continue reading →HousingWireHousingWire Homebuilders knew that the election of President Donald Trump would likely create a thorny situation with regard to his policy on tariffs, as Trump made blanket duties on Canada, Mexico and China central to his campaign. Canada and Mexico reached an agreement with Trump earlier this month to pause…
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Continue reading →HousingWireHousingWire Could the loss of jobs in the government sector and the withdrawal of funding from the economy significantly increase the unemployment rate and a surge in jobless claims? If this happens, will we see lower mortgage rates this spring? It’s an intriguing thought, especially considering how this aligns with…
Continue reading →HousingWireHousingWire After being plagued for years by civil investigative demands and lawsuits from the Department of Justice (DOJ), the real estate industry hoped for looser antitrust enforcement under a second Trump administration. Although enforcement experts were initially skeptical, the latest action taken by the Elon Musk-helmed Department of Government Efficiency…
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