Newly Built Homes Face Affordability Issues, According To Analysts

Newly Built Homes Face Affordability Issues, According to Analysts

Home sales are down compared to the same time in 2020, according to a report from the U.S. Census Bureau, but prices are on the rise everywhere. This is due to a lack of available inventory compared to existing demand. However, at least one analyst believes that the current situation will not last, and as more newly built homes flood the market, it is likely to reach an affordability tipping point that will cause prices to drop.

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Freddie Mac Issues Bulletin On Handling Cryptocurrency In Mortgage Lending

Freddie Mac Issues Bulletin On Handling Cryptocurrency in Mortgage Lending

The Federal Home Loan Mortgage Corporation, more commonly referred to as Freddie Mac, has recently issued Bulletin 2021-36, which details how the company will deal with cryptocurrency. The new bulletin is meant to address the growing influence of these digital assets, and the extent to which they are now publicly traded. However, cryptocurrency advocates are unlikely to be pleased with Freddie Mac’s assessment, which puts little faith in their stability as an asset.

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