The housing finance world is buzzing with changes. Bill Pulte, the head of federal housing finance, has given Fannie Mae and Freddie Mac the green light to buy way more mortgage bonds. Initially, the limit was $40 billion for each, but now it's up to $225 billion. That's a huge jump! This move coul
Cheyenne, Wyoming, is a hidden gem for retirees. It's not just about the low taxes and affordable homes. It's about the space, the quiet, and the chance to enjoy life at a slower pace. The city is small, with just over 65, 000 people. This means no crowded streets or long waits. Housing is a big pl
Louisville is looking at a big change. The city wants to add a lot of new homes and people. The plan is to increase housing by 46% to 67%. That could mean up to 33, 410 people living there. That's a lot more than the 19, 889 people who live there now. But is this a good idea? Louisville is known fo
Young Americans are leaning towards cryptocurrency over traditional banks. This shift is driven by their desire for more control and transparency over their money. Recent studies show that nearly half of Gen Z has used a crypto exchange, and over a third own or use crypto. This generation values th
The U. S. Senate's plan to create clear rules for cryptocurrency has hit a bump in the road. The delay is not just about timing but also about disagreements and shifting priorities. The Senate Banking Committee has put the brakes on its big crypto bill. This bill was supposed to be a major step in
In Baltimore's Park Heights, a big change is coming. A group of organizations has joined forces to build something new. They have secured $44 million to create a mixed-use community. This project will bring affordable housing and spaces for businesses. The focus is on Belvedere Avenue, near the Piml
The stock market is always on the move, and this week is no different. Let's break down what's happening. First up, the energy sector is leading the pack. It's up by 2. 3%, making it the top performer among the S&P 500 sectors. Companies like EQT, Texas Pacific Land Trust, and Expand Energy are see
In December, the housing market saw a big drop in pending home sales. This means fewer people signed contracts to buy homes compared to the month before. Experts thought there might be a small increase, but instead, there was a big decrease of 9. 3%. This drop was felt all over the U. S. , with only
PNB Housing has shown a profit boost of 8% in the last quarter of 2023, but the road ahead is not all smooth. The company made a net profit of 5. 20 billion rupees, up from 4. 83 billion rupees a year before. Revenue also saw a 9% increase, reaching 21. 19 billion rupees. This growth is partly due t
In a bold move, a Pennsylvania lender, Newrez, is set to accept cryptocurrency as part of mortgage applications starting next month. This shift aligns with a broader trend, as the US Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac last year to explore crypto's role in home
