Biden to call for first-time homebuyer tax credit, construction of 2 million homes

The White House announced that President Joe Biden will call on lawmakers in the House of Representatives and the Senate to address a series of housing issues in his State of the Union address, which will be delivered to a joint session of Congress and televised nationally on Thursday night. In the
Read MorePlanet Home Lending hires Doug Long to expand its retail branch network

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. Long, who brings more than 20 years of experience in the mortgage industry, will be responsible for building Planet’s retail networks and will also ha
Read MoreSellers may earn more by listing later in the year: Zillow

Home sellers looking to maximize their sale price may want to avoid the start of the busy spring buying season and list their properties closer to the midpoint of the year, according to a Zillow analysis released Thursday. In a study of 2023 home sales, the real estate analytics company found that h
Read MorePrivate-label securities are in demand as investors bet Fed peak is reached

Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “peak for the current tightening cycle,” after signaling in November of last year that the Fed was close to the end of its war on inflation. For investors in the private-lab
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