To promote affordable housing, HUD says rental income from an accessory dwelling unit will be considered for FHA loans. It outlined the policy details yesterday.

At the Mortgage Bankers Association’s (MBA) convention this week, MBA honored Fifth Third Bank, U.S. Bank Home Mortgage and Atlantic Bay Mortgage Group.

FHA will allow expected rental income from an accessory side unit to be considered for an FHA loan, the 203(k) fixer-upper program will be improved, and more.

In July, Farmers Ins. said it won’t renew 100K Fla. policies, but Slide Ins. acquired renewal rights for 86K homeowners’ policies – but not renters, auto or umbrella.

NAR Pres. Tracy Kasper says the association posted a pre-trial summary and will do the same after the trial, but it won’t be providing day-to-day updates on the case.

During Hispanic Heritage Month, HUD will take a closer look at housing issues, part of a larger federal effort to enhance educational and economic opportunities.

For a successful real estate business, everyday negotiations carry more weight than ones done on behalf of clients – such as seller negotiations to “trust me with your listing.”

The BRIC grant program, which helps bolster U.S. defenses against climate change, published its “Fiscal Year 2023 Notices of Funding Opportunities.”

Most buyers or current owners considering a remodel don’t know how to do the work or who to trust with the task. To start, check licenses, credentials and public records.

The state has several nude beaches – a draw for some buyers and turn-off for others – with a U.K. company naming S. Fla.’s Haulover Beach the best in the world.

Orlando Realtor Marc George calls music “my safe place.” His new charity collects unwanted musical instruments for children who can’t afford to buy one.

Study: What’s more stressful than buying a new home? A divorce or finding a new job. But events such as weddings, car buying or finding a college are not.

The economy and RE market will improve if inflation is under control, and it’s dropping each month – but at a slower pace than the Fed would like to see.

A verdict in the Kansas City trial is expected Nov. 10. “NAR fundamentally disagrees with how (they’re) characterizing our rules,” says NAR’s top legal officer.

It’s the highest average rate for a 30-year, fixed-rate loan in two decades – up from last week’s 7.49% as more buyers now turn to adjustable-rate loans.

It’s still a seller’s market, but its strength has declined. Buyers now have a little leeway with sellers and notably more bargaining leverage with lenders.

Older adults once downsized to reduce monthly costs, but facing few small properties for sale and higher interest rates, many now feel locked into their current home.

The fine from two Fed agencies, which included security freeze failures, says TransUnion didn’t take steps to make sure background screening checks were accurate.

A pullback in move-up buyers and investors has helped first-timers become 50% of the homebuyer market, a jump from 37% in 2021.

Lawmakers are looking back on insurance changes enacted during recent sessions of the Florida Legislature and taking a “give it time to work” stance.