America’s housing market doesn’t need another government bailout. But the White House is mulling plans to rescue homeowners trapped by underwater mortgages and above-market mortgage rates by allowing them to refinance into cheaper government-backed loans. Luckily, its latest musings look like a pipe dream.
US housing doesn’t need another government bailout
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Anywhere reports losses during the slower winter season
Anywhere Real Estate felt the brunt of the challenging housing market in Q1 2024 as the company reported a loss of $101 million.